Chargeback reason code

Chargeback reason code is a numerical or alphanumeric code assigned to a to categorize the reason behind a disputed transaction. Each reason code corresponds to a specific type of dispute, such as , non-receipt of goods or services, or dissatisfaction with the product quality.

, such as Visa and Mastercard, use reason codes to standardize and streamline the chargeback process, facilitating clear communication between , , and merchants. Understanding chargeback reason codes is vital for merchants to comprehend the nature of disputes, gather relevant evidence, and construct effective responses during the chargeback resolution process.

By categorizing chargebacks, reason codes contribute to a structured and efficient dispute resolution framework, allowing stakeholders to address issues systematically and enhance the overall integrity of electronic payment systems.