Chargeback means the procedure by which a Sales Draft (or disputed portion thereof) is returned to Bank by a Card Issuer because such item does not comply with the applicable Card plan's operating regulations.
Chargeback means a request that a buyer files directly with his or her debit or credit card company or debit or credit card issuing bank to invalidate a payment.
Chargeback means a procedure in which an Issuer charges all or part of the amount of an interchange transaction back to the Acquirer in accordance with Card Organizations regulations;
Examples of Chargeback in a sentence
Chargeback Management and Payment Policy: We are dedicated to minimizing chargebacks through rigorous security protocols.
More Definitions of Chargeback
Chargeback is a Card transaction dispute (or disputed portion) that is returned to us by the Issuer. Sub- Merchant is responsible for payment to Payment Facilitator for all Chargebacks.
Chargeback with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide, accessible via the PayPal Security Centre and the section called: “Selling Safely”. The PayPal Security Centre is accessed via the PayPal website. We charge you a fee for receiving a chargeback claim. • If the payer used a bank account to fund the payment the payer or the bank could pursue a bank reversal. The amount claimed may be greater than the original amount you received due to currency exchange rate fluctuations between the time of payment and the time of the claim. • we may have to compensate your payer when they claimed that there was a problem with their payment (including that their payment was unauthorised or incorrect or that their billing agreement payment was not expected) – see Resolving Problems. • we are entitled to carry out the reversal for any other reason under this user agreement, including the provision Actions We May Take if You Engage in Any Restricted Activities.
Chargeback refers to a Card transaction (or portion thereof) that is returned to Processor or Bank by the Issuer for any reason. “Chargeback” includes reversals and disputes under the Visa Rules.
Chargeback means a transaction disputed by a cardholder or card issuer.
Chargeback means a demand by an Issuer or a Network to be repaid a sum of money by Xxxxxxxx in respect of a Transaction which has been previously subject to Settlement and for which We have been paid by the relevant Network, and “Chargebacks” will be interpreted accordingly;
Chargeback means the benefits charged to an employer's account under Section 204.021.