What is chargeback and purpose of chargeback?

Answer Posted / faisal adam

chargeback is a reversal of a payment card transaction
initiated by the consumer who holds the card or the bank
that issued the card used in the purchase,that is mean
between a person and a bank will "charge back"

Is This Answer Correct ?    7 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on __________Leverage

1589


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

1710


Which Exchange determine Foreign Exchange/Currency Rate?

1525


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2041


After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP

1932






if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?

1516


Expand---------EDP

2030


Short answer on Amalgamation

1480


What is Spin-off & spilts

1594


Expand---------PED

1611


Expand-------ANCS

1571


why are you selecting for the profitbulity analysis costing based& active based

1636


How do you plan to achieve these goals

1869


differnce between the 4.7 & 6.0 versions?

1659


What is the procedure to become charted accountant in India now. Please answer this is urgent

1060