What is chargeback ? Chargeback history ? Why chargeback and how to prevent it chargeback ?
Chargeback is a term used in the payment industry to describe the process of reversing a credit card transaction, typically initiated by the cardholder through their issuing bank. Chargebacks can occur for a variety of reasons, including fraud, product or service disputes, or billing errors. In a chargeback transaction, the funds from the disputed transaction…