friendly fraud
Noun
Meaning
friendly fraud (uncountable)
A type of fraud in which a customer purchases and receives an item using a credit card, then requests a spurious chargeback to get a refund, effectively gaining the item for free.
Noun
friendly fraud (uncountable)
A type of fraud in which a customer purchases and receives an item using a credit card, then requests a spurious chargeback to get a refund, effectively gaining the item for free.