PAYMENT FIELD NOTES
Chargeback
A payment dispute raised through the card system with evidence deadlines and possible charges. It differs from a merchant-initiated refund.
What it means
A payment dispute raised through the card system with evidence deadlines and possible charges. It differs from a merchant-initiated refund.
A practical example
A $29 disputed sale can involve both loss of the sale and a separate provider dispute charge. Winning the dispute and recovering every fee are separate questions.