Chargeback Info for all
 

<b>Chargeback: </b>
A fee charged by a merchant services provider against a merchant account for transactions that are successfully challenged by a credit card holder. After a charge is disputed and adjudicated in the cardholder's favor, the transaction total and chargeback fee are deducted from the merchant account.
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<b>Chargeback Period: </b>
The number of calendar days (counted from the transaction processing date) during which the issuer has the right to charge the transaction back to the acquirer. The number of days varies according to the type of transaction from 45 to 180 days.
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<b>Chargeback Reason Code: </b>
A numerical code which identifies the specific reasons for the chargeback. VISA and MasterCard each have their own chargeback codes.
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<b>Chargeback Reference Number: </b>
A 10-digit number assigned to every chargeback, unique (in a 12-month period) for each individual chargeback. The first four digits of the chargeback reference number are the issuer's identification (BIN/ICA) number.

<b>Visa Chargeback codes:</b>
http://www.mpsnet.com/help/reasoncod...hargeback.html

<b>Mastercard Chargeback codes:</b>
http://www.echeck.com/mastercard_cha...ason_codes.asp

Thought people would like the info, now it is my understanding that the rules are slightly different when related to US Visa cardholders

good info thanks

but if you would make me pay for this info I would chargeback:)