What is a chargeback?
A chargeback is when a customer or issuing bank disputes one of your transactions. For example, if a customer has a transaction they do not recognize, they can contact their bank to dispute the transaction. When the issuing bank issues a chargeback, the transaction amount is deducted from your account while it investigates the chargeback.
If you have any questions about chargebacks, call our TSYS Chargeback Team.