A follow-up transaction originated by the merchant in order to recover funds that were previously charged back to the merchant, by the card holder and/or the card issuer, as being unauthorized or fraudulent.
A financial transaction originated by a merchant to recover funds charged back by a card issuer.
A financial transaction originated by an Acquirer to partially or wholly recover funds charged back to the Acquirer by an Issuer in the original presentment of a chargeback.
An attempt to reverse a chargeback initiated by a merchant or acquirer to the issuing bank that presented the chargeback, backed by supporting documentation.
A chargeback that is rejected and returned to a card issuer by a merchant bank on the merchant's behalf. A chargeback may be re-presented, or redeposited, if the merchant or merchant bank can remedy the problem that led to the chargeback.
The second stage in the chargeback process, occurring when the acquirer responds to an issuer's chargeback by returning a disputed transaction to the issuer.
The second stage in the chargeback process. This step includes the acquirer's response to an issuer chargeback by returning the disputed transaction to the issuer.
A transaction presented to the issuer by the acquirer, when the merchant requests a reversal of a chargeback.
The reversal by an Acquirer of all or part of a previous Chargeback. (The use of the "Representment" in these Rules does not incorporate FCS Regulations regarding "Representment.")
