Chargeback
A chargeback is a mechanism designed to protect cardholders by allowing them to dispute and potentially reverse transactions made with their cards. It typically begins when a cardholder raises concerns about a specific transaction due to reasons such as:
- Unauthorized use of their card
- Non-delivery of promised goods or services
- Dissatisfaction with the quality of products received
You can use the resources below to help you understand chargebacks on Banking.Live:
Updated 7 months ago