Chargeback definition

Chargeback means the procedure by which a Sales Draft (or disputed portion thereof) is returned to Bank by a Card Issuer because such item does not comply with the applicable Card plan's operating regulations.

Chargeback means the procedure by which, and the value of, a Sales Draft (or disputed portion thereof) is returned to Bank by a Card Issuer.

Chargeback means a request that a buyer files directly with his or her debit or credit card company or debit or credit card issuing bank to invalidate a payment.

Examples of Chargeback in a sentence

• In addition to our other Chargeback rights, we may Chargeback for any Disputed Advance Payment Charge or portion thereof if, in our sole discretion, the dispute cannot be resolved in your favour based upon unambiguous terms contained in the terms of sale to which you obtained the Card Member’s written consent.

• You shall indemnify Helcim in respect of any amounts and costs incurred as a result of any: (i) Chargeback, claim or refund (fraudulent or otherwise) initiated by a Customer and that we are obliged to make under the relevant rules; or (ii) Failures.

• Helcim shall be authorized to Chargeback Transactions to you as specified throughout this Agreement.

• If you fail to follow the Visa, MasterCard, and Discover Network reservation/no-show policy you may receive a Chargeback to the Bank Account.

• If we determine, based upon the information provided by you and the Card Member, to resolve the Disputed Charge in the Card Member’s favour or the Card Member is entitled to withhold payment by law, we will Chargeback for that Disputed Charge.If we resolve the Disputed Charge in your favour, we will take no further action or we will reverse our previous Chargeback with respect to the Disputed Charge.

More Definitions of Chargeback

Chargeback means a challenge to a payment that a buyer files directly with his or her credit card issuer or company.

Chargeback means the procedure by which a Transaction (or disputed portion thereof) is returned to Provider by a Card Issuer for any reason, including, but not limited to, cases where such item does not comply with the applicable Network Rules.

Chargeback with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide, accessible via the PayPal Security Centre and the section called: “Selling Safely”. The PayPal Security Centre is accessed via the PayPal website. We charge you a fee for receiving a chargeback claim. • If the payer used a bank account to fund the payment the payer or the bank could pursue a bank reversal. The amount claimed may be greater than the original amount you received due to currency exchange rate fluctuations between the time of payment and the time of the claim. • we may have to compensate your payer when they claimed that there was a problem with their payment (including that their payment was unauthorised or incorrect or that their billing agreement payment was not expected) – see Resolving Problems. • we are entitled to carry out the reversal for any other reason under this user agreement, including the provision Actions We May Take if You Engage in Any Restricted Activities.

Chargeback means a transaction disputed by a cardholder or card issuer.

Chargeback means the procedure by which a Sales Draft or other indicator of a Transaction (or disputed portion thereof) is returned to Bank or the issuer, the liability for which is the Merchant’s responsibility.

Chargeback means a procedure in which an issuing bank or other financial institution charges all or part of a person’s credit or debit card transaction back to the acquiring or merchant bank.

Chargeback means the benefits charged to an employer's account under Section 204.021.