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Charge back

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Charge back
A transaction where the card holder bank reverses a previous transaction between a merchant and a consumer in case of a dispute. The bank reimburses the consumer by withdrawing the transaction amount from the merchant’s account


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ICT 4 AIRDRIE UTD 0 INVERNESS got their title charge back in full swing last night after romping to victory against struggling Airdrie.
DAG & RED 2 CREWE 0 DANNY GREEN was involved in both goals as the Daggers got their promotion charge back on track.
Businesses are considered high risk if they have a high charge back rate and accept card-less payments such as online payments, phone payments, etc.
 
 
 
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