Tag: chargebacks

When a cardholder disputes a transaction, American Express sends an inquiry to the merchant, requesting specific information in support of the charge....

Chargeback is a reversal of a credit card sales transaction, resulting in a debit to a merchant account, after the sale has been settled....

Visa can permanently ban a merchant or one of its principals, from accepting Visa or Visa Electron card payments for a number of reasons....

If a merchant does not resolve a cardholder complaint about a billing error or the quality of products or services, Discover may issue a chargeback....

Visa uses Reason Code 60 to designate chargebacks resulting when a copy of a sales receipt, requested by the card issuer, is illegible or incomplete....