A chargeback is a reversal of a payment card transaction initiated by the cardholder???
or the bank that issued the card used in the purchase. A chargeback usually occurs when a cardholder files a dispute with their bank or credit/debit card provider for fraudulent, improper, unauthorized transactions, including result of failure to deliver services or goods purchased by the cardholder.
Related Questions
- A cardholder is disputing a charge from a gas station because his card was stolen. Do I have to order a photocopy of the transaction before I can charge the item back?
- In which Indomaret stores will the Indomaret Card be accepted for purchase transaction as well as payment transaction?
- A chargeback is a reversal of a payment card transaction initiated by the cardholder???
