The Learning Center
GLOSSARY TERMS
# - A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Chargeback

A chargeback is the reversal of a credit card transaction due to the cardholder disputing the validity of the transaction or because of dissatisfaction with the product or service received from the merchant. Technically speaking, a chargeback is a transaction returned through interchange by an issuer to an acquirer. A chargeback may also occur because of failure by a merchant to follow the regulations pertaining to their merchant account.


Previous Credit Card Term: Charge Card

Next Credit Card Term: Chargeback Period


* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.