the.com/chargeback
The receipt-free refund where you dial your bank instead of saying sorry to the merchant.
means A reversal of a card payment, initiated through your bank rather than the seller, that yanks the money back after a dispute over fraud or a bad transaction.
from A plain compound of 'charge' (the debit placed on an account) and 'back' (returned), born in the back offices of card networks and banking regulation rather than on any street — it surfaces in financial and legal usage as card payments became networked and systems needed a precise word for 'undo that charge.' No colorful myth here, just banking vocabulary doing exactly what it says on the tin.
- origin
- created for fraud, weaponized for buyer's remorse
- merchant cost
- fees stack even if they win the dispute
- threshold risk
- too many chargebacks can get merchants blacklisted
- timing
- usually must be filed within 60 to 120 days