Glossary

Chargeback accounting is the task of recording and reconciling the various transactions involved with chargebacks. In addition to the chargebacks themselves, this includes chargeback fees, chargeback reversals, and various hidden costs. The variety of ways in which chargebacks can impact a merchant's bottom line can make fully accounting for their true cost a difficult task, and the fact that a single dispute can stretch out for months can sometimes create issues. Read more >>>