Category: Credit Card Processing Blog

Chargeback Reason Code 41 designates chargebacks resulting from cancelled recurring transactions, which are particularly prone to customer disputes....

Reason Code 30 chargebacks result when an issuer is notified by a cardholder that a merchant is unwilling or unable to provide goods or services....

Chargeback is a transaction that is returned as a liability by the issuer to the acquirer and merchant after the associated sale has been settled....

A chargeback is a process through which a card issuer charges the transaction amount back to the processing bank, reversing the associated sale....

New credit card originations in the U.S. are growing very rapidly once again and the pace is even faster in the sub-prime borrower segment....