Noun
chargeback (countable and uncountable, plural chargebacks)
(banking) A reversal of an accounting entry, especially of a disputed credit-card transaction.
A chargeback ratio can be calculated by taking the number of chargebacks received for a given time frame and dividing that number by the total number of sales transactions processed in that given time. Source: Internet
A CP dispute produced a chargeback value that was 73.5% larger than a CNP dispute. Source: Internet
All other reason code categories showed the average chargeback value earning a margin that ranged from 7.44% to 12.09% over its respective merchant loss. Source: Internet
Alternatively, you can also provide an assertion that the chargeback was invalid because the issuer's supporting documentation was not sufficient to substantiate a claim against you. Source: Internet
An improperly filed chargeback response can be the deciding factor of whether you are liable to chargeback the cardholder’s dispute. Source: Internet
Data Entry SpecialistData Entry Specialists are responsible for completing data entry tasks into our internal chargeback management system. Source: Internet