Chargeback is the return of funds from your business to the customer. Specifically, it is the reversal of a purchase from your business where the funds are returned to the customer. For example, a client had purchased a membership from your business and the transaction completes, but at a later time, the transaction is reversed and you no longer have the payment for the membership.
Chargeback can occur on purchases for various reasons. We understand that, as a business owner, this can be a frustrating issue to deal with. However, before opening a support ticket, please make sure that you investigate the issue by contacting the following parties:
- Your Merchant Processor
- The Client; from our experience, chargeback is usually requested by the client
If the issue could not be resolved after contacting the above parties, please do not hesitate to contact us by Opening a Support Ticket. We would be happy to assist you in anyway possible.