Tag: chargeback reason codes
Visa and MasterCard use special reason codes for chargebacks resulting from processing counterfeit credit card transactions: 62 and 4862 respectively....
Visa uses chargeback reason code 57 to designate chargebacks caused by multiple transactions posted by a merchant on a single credit card account....
Visa uses chargeback reason code 75 to designate chargebacks caused by non-recognition of a credit card transaction by the cardholder....
Chargebacks associated with declined authorization requests result when merchants try to circumvent the issuer's negative authorization response....
Both Visa (Reason Code 30) and MasterCard (RC 4855) use special reason codes for chargebacks resulting from a non-receipt of purchased merchandise....
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