the return of funds by a seller to a buyer's debit or credit card account
chargeback in Retail
(tʃɑrdʒbæk)
Word forms: (regular plural) chargebacks
noun (count) (noncount)
(Retail: Customer accounts)
A chargeback is the act of charging a cost back to an account.
If someone has paid money into the account and not received the goods, under whatis called a chargeback, the company can take money from the seller's account and return it to the buyer.
Assuming you paid by credit card, the best way to get a refund is to reclaim themoney via a chargeback.
A chargeback is the act of charging a cost back to an account.
chargeback in Accounting
(tʃɑrdʒbæk)
Word forms: (regular plural) chargebacks
noun (count) (noncount)
(Accounting: Commerce)
A chargeback is the act of charging a cost back to an account.
If someone has paid money into the account and not received the goods, under whatis called a chargeback, the company can take money from the seller's account and return it to the buyer.
Assuming you paid by credit card, the best way to get a refund is to reclaim themoney via a chargeback.
A chargeback is the act of charging a cost back to an account.