What is chargeback and purpose of chargeback?

Answers were Sorted based on User's Feedback



What is chargeback and purpose of chargeback?..

Answer / sonali

Charge back is reversal of your credit card transaction. It
happens when the customers find frodulant transaction in
their statement.

Is This Answer Correct ?    14 Yes 5 No

What is chargeback and purpose of chargeback?..

Answer / faisal adam

chargeback is a reversal of a payment card transaction
initiated by the consumer who holds the card or the bank
that issued the card used in the purchase,that is mean
between a person and a bank will "charge back"

Is This Answer Correct ?    7 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

i am new to Tally ERP 9. i have a problem facing the negative stock balances for few items. now i want to know, how do i write-off/adjust in Tally and make them NULL/Zero as at 31/12/2011, so that they don;t appear as 'negative' as the opening bal. from 1/1/2012..i have used the physical stock entry screen for the differences stock items. but for those item whose balances is simply Negative appearing from previous years for may be several reasons, how to deal with those? thanks in advance for any help..

1 Answers  


what is the point of sale

2 Answers   ABC,


state and explain THREE types of situation to which accounting concept might be applicable

0 Answers  


what is GDP? how is it calculated

6 Answers   FactSet Systems,


what is the meaning of call in arear

0 Answers  






what do you mean by Bank reconcilation statement

29 Answers   Accenture, BPO, Citi Bank, CitiGroup, DOC, Fullerton, Global Talent Track, Northern Trust, SGI, State Bank Of India SBI,


how to solved the shares qusionas ?

0 Answers  


share premium?

25 Answers   Capital IQ, Finance,


what is npa & what are the different types of NPA?

3 Answers   State Bank Of India SBI,


what Bank Reconcilation ?

2 Answers   TD,


What is considered a healthy profit?

2 Answers  


hi all, i'll be grateul if u can help me on this. I'v been selected as a PO in SBI. Simultaneously I'v got a job offer from British High Commission in New Delhi. Can anyone suggest which will be the better option??????????

4 Answers  


Categories