Chargeback
A bank-enforced refund for an amount or action disputed by either the cardholder or the card issuer. A chargeback will cause the amount of the original sale to be temporarily reversed, pending any input from the seller.
Welcome to our Chargebacks Glossary! This page is your go-to resource for understanding the terminology used in the chargebacks industry. Whether you're a merchant, financial institution, or consumer, our glossary provides clear definitions of key terms, from "Acquirer" to "Zero Liability Policy."
A bank-enforced refund for an amount or action disputed by either the cardholder or the card issuer. A chargeback will cause the amount of the original sale to be temporarily reversed, pending any input from the seller.