What is chargeback and purpose of chargeback?

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What is chargeback and purpose of chargeback?..

Answer / sonali

Charge back is reversal of your credit card transaction. It
happens when the customers find frodulant transaction in
their statement.

Is This Answer Correct ?    14 Yes 5 No

What is chargeback and purpose of chargeback?..

Answer / 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

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