Tag: chargebacks
A chargeback is a process through which a card issuer charges the transaction amount back to the processing bank, reversing the associated sale....
Even if a violation is not covered by a specific Visa or MasterCard chargeback code, you can still get the related transaction charged back to you....
A fraudulent chargeback results from a successful customer dispute of a legitimate transaction in which he knowingly and purposely participated....
There is no single silver bullet that would solve your chargeback woes, but these are the most essential 16 tips for avoiding e-commerce chargebacks....
Processors keep a close eye on chargebacks, because they get penalized by Visa And MasterCard and hold liability for excessive chargeback levels....
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