Code 64: Early Shipment. A TC40 data claim occurs when a customer makes a fraud claim against a merchant. . Visa requires processors and banks use to this system for multiple tasks, including challenging initial chargeback results. 0 etc. Discover Chargeback Reason Codes. If you choose to fight the chargeback, Amazon Pay will charge you a $20 Disputed Chargeback Fee. Chargeback Reason Codes (03B/CB) You must assign a chargeback reason code (03B/CB) to explain the reason for entering chargeback for the invoice. FR4 Immediate Chargeback Program. Simply search for your Visa chargeback reason codes, and learn why the chargeback was issued. 60 due to merchandise, fees, overhead, and other sources of loss. Investigate suspicious orders. The following are reason codes for the same scenario: Visa: Reason Code 30 Services not provided or merchandise not received. Reason code 98 was a code used for pre-compliance chargebacks before the implementation of the Visa Dispute Resolution system. Technical. The most comprehensive guide to chargeback reason codes. Reason codes are alphanumeric codes that provide the justification for granting a chargeback. 502 DM-REFUSED DEBIT VENDOR-DOCK REFUSAL AP Forms, Invoice Shortage Dispute 503 DM-PAY/CAN BOOK INV IN & OUT PO CANCEL AP Forms, Invoice Shortage Dispute 504 DM-DUP INV DM-DUPLICATE INVOICE AP Forms, Invoice Shortage Dispute 505 DM-T. Codes—Contains detailed information on the reason codes for the most common types of chargebacks that merchants receive . These codes are established by the payment brands to categorize the incoming dispute requests by reason. We combine advanced, proprietary machine learning with human expertise, developing customized strategies to manage chargebacks and fraud. Use clear and consistent billing descriptors. ) A no-nonsense summary of evidence that proves transaction is legit. Reason code 04 pertains to your chargeback-to-transaction ratio and is the most common reason for being MATCHed. 4 (Other Fraud – Card Absent Environment). Following the Mastercard dispute guidelines, consumer dispute chargebacks are filed under reason code 4853 - Cardholder Dispute. All chargebacks start with a customer making a purchase in person, in an app, or online. Collect Compelling Evidence. If a no-authorization claim is based on merchant activity, there are steps the merchant should take to avoid a recurrence. 4853:About American Express chargeback reason codes. 101. Try Shopify free for 3 days, no credit card required. Next, the issuer passes along all information about the dispute, including the chargeback reason code, to the card network. Auto Write Off. Database of chargeback reason codes; Report with annual stats and trends; Guides with templates, samples, and examples; If you have specific questions about chargebacks, chargeback tools, or how Midigator helps manage risk without the accompanying headaches, feel free to reach out to our team of experts. A chargeback can happen when a customer initiates a transaction dispute. Vantage HouseOn that note, below are some vendor missteps that could result in Visa reason code 13. Chargeback Reason Codes. PCI DSS v3. This is a fairly common chargeback reason that can. When you receive notification of a chargeback, the first thing you want to do is look up the reason code. For card-absent transactions, use all Visa tools, including AVS, CVV2, Visa Secure, and more, to reduce instances of fraud. There are two parts to this. 8 Added American Express chargeback information Chapter 3 1. 2023 Consumer Attitudes Towards Chargebacks 7 Best Practices in Chargeback Mitigation Purchase Experience Checklist Hidden Costs of Chargebacks Chargeback Solution Buying Guide How to Win Chargebacks at Scale Buy Now Pay Later's Chargeback Problem Taking a "Bite" out of Friendly Fraud The Link Between Supply Chain Disruption and Fraud Reason. 3 Fraud – Card-Present Environment. Chargeback reason code 11. To prevent chargebacks from happening, you must know how chargebacks work and take. For each reason code, a definition is. Customer Reason Code Mapping. That's why we've created this guide, which goes over what reason codes are and how they help fight chargebacks and includes up-to-date lists of the reason codes for all the major US card networks. April 2018_Chargeback Reason Code Encyclopedia. For best results, your chargeback win rate should be as close to 100% as possible. Write a chargeback rebuttal letter (with sample template) 8 Ways to Prevent Chargebacks. Issuers must not initiate a chargeback for magnetic-stripe (POS Entry Mode value of 90 or 02) transactions onOverview. Therefore, the issuer may submit a chargeback for a Payment Transaction using the message reason code 4842 before the 30-calendar day presentment time frame normally required for this message reason code. 4853 Cardholder Dispute. . 195 Acquirer Use of Message Reason Code 7627-No MAC Provided. Reason Codes: 08 / 20 / 71 / 72 A card was used either before or after its valid date Never process a transaction on a card prior to, or after, the valid date. chargeback: The buyer filed a chargeback with the credit card issuer. And chargeback guarantees aren't without. It's essential to respond within the. Merchants who receive a chargeback for a transaction placed with an American Express card may encounter reason code F29, which indicates an unauthorized transaction that the cardholder does not believe they should be responsible for paying. Second chargeback. 502 DM-REFUSED DEBIT VENDOR-DOCK REFUSAL AP Forms, Invoice Shortage Dispute 503 DM-PAY/CAN BOOK INV IN & OUT PO CANCEL AP Forms, Invoice Shortage Dispute 504 DM-DUP INV DM-DUPLICATE INVOICE AP Forms, Invoice Shortage Dispute 505 DM-T. MasterCard and. 105. . 0 initiative will enhance the taxonomy of fraud chargebacks, characterizing consumer disputes more exactly with a code for “I didn’t receive this” or “I canceled this three months ago, and they’re still billing me. . A chargeback happens when a customer requests for a transaction to be reversed. 1 Interchange Reimbursement Fee (IRF) Determination and Payment 127First, let’s start by establishing why chargebacks happen in the first place. What is Mastercard chargeback reason code 4807? Mastercard chargeback reason code 4807 falls under the “Authorization” category. Examples are: DA: Disputed amounts. AP. Visa Reason Code 13. 2. See our Automated Clearing House (ACH) support article if you are looking for ACH Return Codes. 4846. This code is used when a cardholder claims that a fraudulent transaction occurred in a face-to-face environment, such as a retail store. Updated the following columns - card type, response due date. The card scheme receives the chargeback and forwards it to the acquirer. Chargeback reason codes are set by the card networks and used by card issuers to categorize chargebacks. 3 – Not as Described or Defective Merchandise/ Services 13 . Also, remember that the time frame for your response includes any processing required by the acquirer. 1: EMV Liability Shift Counterfeit Fraud:. issuers must not initiate chargebacks for any AFD or ATM transactions outside the U. The assigned chargeback reason code outlines why a customer submitted the dispute. Prevent chargebacks. processed the transaction correctly. The reason code may not necessarily reflect the actual reason for the chargeback, but you ought to respond to it based on the provided chargeback code. com Europe. If you want a more thorough explanation of a given reason code, you can find it in our reason code lookup tool. MasterCard: Reason Code 4859 Services not rendered. All ACH return reason codes consist of the letter “R” followed by two numbers (R01, R12, R22, etc. 2 – Cancelled Recurring 13 . The format of the Code 10 call is designed to be discreet, so that it can be made in front of the customer, but they can be lengthy. For example, 100 e-commerce first presentment fraud chargebacks in the current month divided by 10,000 e-commerce transactions in theThe most common chargeback reason codes are fraudulent charges, unauthorized transactions, and products not received, however, there are dozens of different chargeback reason codes for cardholders to choose from. During research, a claim processor might call a customer and refer to the customer's reason code. Chapter 6: Visa Chargeback Reason Codes; Chapter 7: Chargeback responses; Chapter 8: Chargeback response templates; Chapter 9: Chargeback accounting; Chapter 10: Arbitration; Chapter 11: Fraud filters; How to Create the Best Chargeback Responses. 1. Blog Read helpful tips, industry insights, and articles to create the most effective chargeback management strategy. Depending on the specific situation, Mastercard will match authorization response to one of the following merchant advice codes: Mastercard Response Code. Purpose: Use the vendor charge back function in CWSerenade to track the return of merchandise to a vendor for credit. Code 70: Co-Op Allowance. Written over Chargeback Gurus. See moreWhat causes code AP chargebacks? Code AP chargebacks are often caused by a merchant failing to process a cancellation request from a customer or by a. Next Page. Only an issuer can initiate the chargeback process. The actual underlying cause of this chargeback is. What is Visa chargeback reason code 12. See the list of reason codes below: Card Network. In that way, winning one dispute may help prevent the next chargeback to come after it. Reason . What follows is a quick reference guide for all the current reason codes for each of the four major credit card networks: Visa, Mastercard, American Express, and Discover. Each chargeback has a chargeback reason code assigned to it, which is a two-digit number that corresponds to the reason the customer is disputing the charge. Below are some examples of more common reason codes. Chargeback: Used when a deduction must be settled with a chargeback. 1 falls under the “Processing Errors” category. Step 2: Customer initiates the chargeback. A chargeback is a cancellation of a transaction. Fri 24 Nov 2023 05. Receive the Chargeback. What causes code AP chargebacks? Code AP chargebacks are often caused by a merchant failing to process a cancellation request from a customer or by a customer forgetting to cancel a subscription before the payment date and filing a false dispute with their bank. Code 4807 was used to cover various authorization-related. These processing options activate the automatic write-off feature and enable you to establish write-off limits for both under- and overpayments. Using the same link provided above, contact PayPal to report the scam. Card brand definitions for “excessive” vary, but as an example, Mastercard requires acquirers to submit your business to MATCH if: Your number of Mastercard chargebacks exceed 1% of Mastercard sales transactions in a. Visa, MasterCard, and American Express all list compelling evidence by reason code. Stage #1: Awareness - be aware of the chargeback response time limitVisa reason code 53 is used for Chargeback for Defective/Not as Described, and reason code 85 is used for Credit Not Processed. The use of this reason code indicates that a cardholder is disputing a charge that did not go through the required authorization approval process. 4 Create an Unearned Discount. 2 – EMV Liability Shift Non-Counterfeit Fraud. Another thing you should bear in mind is that the card brand involved in the dispute can also change the reason code to suit new developments. The aim of CE 3. Discover is a credit card network and an issuing bank—just like American Express. Specifically, these updates only pertain to transactions that are charged back after Oct. Through 2021, we analyzed chargeback reason codes across various subscription-based verticals. DD: Disallowed discount amount. [1] Sift. For example, a retailer--Bigmart maintains more than 3,500 reason codes for deduction against its manufacturers. The code can be used in multiple specific situations; when necessary, an additional message will be provided along with the reason code to inform the merchant which particular type of chargeback. Reference these when rebutting cardholder disputes at your small business. Code Reason (for Visa) 10. We’ve all been there as an eCommerce owner: you excitedly ship out a $1,500 order to a customer, and then a few weeks later you’re notified that the customer has opened a chargeback dispute. Learn about the different chargeback reason codes and what they mean. Code 10. Solutions. Fight; Prevent;. When these chargebacks are legitimate, merchant error is usually the cause. Knowing these codes can help you dispute chargebacks more effectively. Typical chargeback reason codes are:Reason Code Reason Code Description Timeframe; 4808: Authorization-related Chargeback: 90 calendar days: 4853: Cardholder dispute: 120 calendar days: 4837/4849/4870/4871: Fraud - No cardholder authorization - Questionable merchant activity - Chip liability shift - Chip liability shift - Lost/Stolen/ Never Received Issue (NRI) fraud :. As its name suggests, Code 22 is issued when Walmart does not receive all the items it is billed for on the invoice. A chargeback reason code is just what it sounds like: A code indicating the reason a charge was disputed and a chargeback occurred. However, Visa is the largest card brand in both the United States and the world. Not remembering the original purchase. prenotification of chargeback, depending on the chargeback reason code, to the agency requesting additional documentation to properly dispute and remedy the chargeback. Reason codes vary by card brand. Region Only) 4855 Goods or Services Not Provided. Chargeback time frames - A specific period during which a chargeback can be raised. #9. This chargeback reason code was retired by Visa in April 2018. This authoritative guide includes the chargeback reason key from each from the four major card netz. There are dozens of reasons why cardholders and issuers dispute transactions. The bank can then reverse the transaction, deducting the funds from your account and returning them to the cardholder's account. It’s just what it sounds like—the reason they’re fighting the charges, which can range from fraud and non-delivery of services to processing errors—and the codes for each problem differ between card networks. If repeated chargebacks happen, you can be placed on a monitoring program, leading to higher processing fees and termination of your account. This provided a number of insights into the typical causes of subscription chargebacks by industry: Computer Software : Cancelled Services was the most common chargeback reason code, which is troubling because these should be easily avoidable disputes. Category. To win a chargeback dispute as a merchant, you must have evidence that is compelling enough to persuade the cardholder’s bank to reevaluate the case. 75 for every $1. A chargeback reason code is a 2-to-4-digit alphanumeric code provided by the issuing bank involved in a chargeback, which is meant to identify the reason for the dispute. This ranges anywhere from roughly 60 to 90 days after purchase. Processing Errors involve chargeback and disputes revolving around processing issues, late presentment, credit processed as charge, invalid card numbers, no show errors, incorrect charge amounts. However, don’t expect to eliminate it altogether. Issuers will not have the ability to submit lost/stolen fraud chargebacks for chip-on-chip (contact or contactless) AFD transactions. SECTION 4: Chargeback Reason Codes . Date Updated: Oct 17 2022 TABLE OF CONTENTS What Are Chargeback Reason Codes? Importance of Chargeback Reason Codes Chargeback Reason Code Categories The Complete Chargeback Reason Codes. THE LAG It can take anywhere from 15 days to 6 months for a. 102. 2? Visa chargeback reason code 12. Here are some chargeback reason codes by card type. If you did not receive the email, open Mave, Wave’s automated chatbot, and. Having a Lax Attitude Toward Industry Rules & Regulations. Reason code 4534 - Duplicate Processing (DP) Reason code 4535 - Expired Card (EX) Reason code 4541 - Recurring Payment (AP). Fortunately, chargeback reason codes make it easy for merchants to understand the cause of chargebacks. In both instances if the Merchant wishes to withdraw from an arbitration case, Visa will charge the amount of 500. Always ask for authorization regardless of the transaction amount. 9. A few other common reason codes for Visa include late presentment; non-receipt of cash from ATM; invalid data; EMV liability shift non-counterfeit fraud; no authorization; canceled merchandise and fraud related to stolen cards on the card recovery bulletin. That definitive guide included the chargeback reason codes from each of the quad larger card connectivity. 4 Fraud – Card-Absent Environment. Codes are not often shared between issuers which means it can be difficult to remember the details of each. 1 chargeback: 1. . In such circumstances, networks like Mastercard may allow consumers to reverse such a transaction by filing a chargeback. ”. The codes also appear on financial reporting associated with disputes. Step 1: The cardholder disputes a charge. There’s no such thing as a good chargeback, but in-app purchase chargebacks can be especially pernicious because they can stack up so quickly. Reason Code 53: Not as Described or Defective Merchandise. 4853 – Cardholder Dispute – Digital Goods Purchase of $25 or Less. A reason code is an alphanumeric string of text an issuing bank attaches to a chargeback dispute to explain its cause. 00 in chargebacks. Even though these codes are not detailed enough, they are crucial when it comes to successfully preventing and fighting chargebacks. Late Presentment Rules: Mastercard. Code 67: Display Allowance. 10. Here are some steps you can take to handle chargeback requests: 1. The chargeback can be for the total transaction amount or a lesser amount. Responding to a chargeback request. A Product Not Delivered chargeback means the customer believes they did not receive the goods or services they purchased. 6 – Duplicate Processing/ Paid by Other Means 12 . Dispute Reason Code: A specific code associated with the reason given by the buyer for initiating the chargeback. Chargeback Reason Codes > Chip Liability Shift > Issuer Chargeback > Chip Liability Shift Program for Domestic and Intraregional Transactions Chapter 5—Compliance Case Filing Incorporated the changes announced in “AN 1677—Revised Standards—QuestionableIf you respond in good time, in certain circumstances, we may be able to defend the chargeback for you – even if your chargeback notification says that you’ve already been debited. If they succeed, the issuing bank will reverse the chargeback and return. 5 billion lost in 2020. As part of its move to support card-not-present merchants and airlines, Visa made changes to the compelling evidence requirements for four key reason codes: Reason Code 30: Services Not Provided or Merchandise Not Received. Read on for the complete guide to dealing with chargebacks. Chargebacks are the result of a customer questioning or disputing a transaction with their issuing bank. These codes are established by the payment brands to categorize the incoming dispute requests by reason. 6: Duplicate processing/Paid by other means. Chargeback reason codes will usually provide specific information about what kind of evidence is needed to get the chargeback reversed. 3 is an updated version of legacy Visa reason code 72, which was phased out under the Visa Claims Resolution initiative. And according to The True Cost of Fraud report by LexisNexis, businesses end up paying $3. 6: Credit not. It depends on the chargeback reason code associated with the dispute. 6 (credit not processed). Discover uses unique codes to explain those reasons to merchants. A provisional credit is a temporary credit issued by a bank to an account holder. . Because it’s so easy for customers to initiate a chargeback, retailers are bound to experience a request at some. Below is a list of Mastercard chargeback codes used in eCommerce. The chargeback process can last from one month to six months. Discover Chargeback Reason Codes Explained. Get your complete guide to Mastercard reason codes, including all the detailed information, chargeback time limits, and other important information you need. 10. A chargeback happens when a customer requests for a transaction to be reversed. The time limits for responding to a chargeback also vary based on the card scheme and the chargeback reason code. DA: Declined. When a cardholder has an issue with a transaction, they can contact their bank to dispute the charge. Chargeback Reason Codes > Chip Liability Shift > Issuer Chargeback > Chip Liability Shift Program for Domestic and Intraregional Transactions Chapter 5—Compliance Case Filing Incorporated the changes announced in “AN 1677—Revised Standards—QuestionableChargeback guarantees usually carry some fine print—they may only cover certain chargeback reason codes, or only cover costs up to a certain dollar amount. Take the time to note the following dispute reason codes for Visa. Since Chargebacks are time sensitive, card networks provide time limits on each reason code to help merchants manage time and data to submit their claims in a timely manner. Here’s how your store can prevent and deal with chargebacks. Chargeback Report. WEX has repurposed chargeback reason code 10 to indicate EMV chargebacks. • Section 4: Chargeback Reason Codes—Contains detailed information on the reason codes for the most common types of chargebacks that merchants receive. It is subject to change and may not include every currently known dispute reason code. However, the 30 day waiting period can be waived if you’ve. If the conflict can be settled, the acquiring and issuing banks do so. You need to understand that there are three fundamental reasons why customers file chargebacks: Criminal Fraud Dispute resulting from the actions of a criminal actor. Once you receive this notification, you have 11 days to submit a response. As we touched on earlier, chargebacks can happen due to technical errors. 1 and Note on page 14 Chapters 1 and 2 Chapter 1If the issuing bank changes Reason Codes or continues the chargeback based on information missing from our ‘Re-presentment’, then we can’t rely upon it at a filing stage. These companies can also handle the entire representment process. Check the chargeback reason code. Required Authorization Not Obtained. Consider Deadlines. 3. 3. 16, 2021. 6). EMV Liability Shift Counterfeit Fraud. There are four primary phases to a Visa dispute: After Visa adopted VCR processes, most card networks altered their dispute cycles to be more in line with that used by Visa. And according. Code 72: Labor and Handling (Ticketing/Re-Ticketing)Every chargeback comes with a reason code. In general, the unauthorized use of a parent’s credit card by a child is not considered a legitimate reason for filing a chargeback, since it is not criminal fraud, and the customer received the purchased goods or services. Claim. 2 Compliance CasesReason codes for the chargeback with detailed explanation of what it means, how to dispute the chargeback, and how to avoid future disputes. For a Mastercard late presentment chargeback to be valid, all the following conditions must apply: The cardholder’s account must be permanently closed. Chargeback Reason Codes Retrieval Reason Codes 78 Int'l only Service Violation Code Discover 4541 AP 4586 AW 4755 RG 4553 RM 8002 RN2 Altered Amount Non-Receipt of Goods or Services0Cardholder Disputes Quality of Goods or Services MasterCard;45 Days from the central processing date of the transaction120 Days from the central processing date of. . Friendly fraud is challenging for merchants because it’s tough to diagnose. 4854 Cardholder Dispute—Not Elsewhere Classified (U. You can create multiple chargebacks against each transaction, for positive or negative amounts. Some Mastercard reason codes (4808, 4870, and 4871) proceed directly to arbitration if the issuer does not accept the merchant's representment. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. The transaction amount and authorization number (ARN. • Section 4: Chargeback Reason Codes—Contains detailed information on the reason codes for the most common types of chargebacks that merchants receive. 5%. 'luhfw fruuhvsrqghqfh wr wkh dssursuldwh hpdlo edvhg xsrq wkh uhdvrq frgh ri wkh lvvxh olvwhg ehorz <rx pd\ frpelqh lvvxhv iru gliihuhqw uhdvrq frghv lq wkh vdph fruuhvsrqghqfh rqo\ li wkh What stands out about the Discover reason codes list, though, is most of the codes are alphabetically-noted rather than numeric. 7: Defective goods and services: C32: RM: 13. When one cardholder initiates a dispute with their issuing bank, a. reason code information. Step 4: Card Network Collects Dispute Information. 7: Defective goods and services: C32: RM: 13. This means that it will require merchants to provide evidence supporting their claim that a transaction was authorized by the cardholder. This chargeback occurs when merchants do not adequately provide currency information. 4860 Credit Not Processed. Cardholder-Activated Terminal (CAT) 3 Device. 6 Setting Up Payment Terms for Accounts Receivable. . Today, it’s one of the most widely used codes, but Pullen said that’s because agents often slap it on. Chargeback Reason Codes Visa. Each card network has their own set of chargeback policies and reason codes, and they frequently change them. 2. There are several reasons why many merchants turn a blind eye to suspected return fraud. 2. For example, if a store or distribution center receives 40 cases but the invoice is for 45 cases, a Code 22 will be issued for the 5 outstanding cases. In simple terms, Mastercard Chargeback Reason Code 4859 — No Show/Addendum/ATM Dispute refers to situations where a customer claims the services purchased from a merchant were not fulfilled. Cardholder Disputes. Every of the major card brands, the inclusion of Visa, MasterCard, and others, has its acknowledged system of reason codes. Resolution After you represent a chargeback, the next step is for the issuing bank to review any evidence that you have submitted and deliver a verdict. They can also be caused by a merchant failing to process a cancellation promptly. If you receive a chargeback under Reason Code 85, you will need to provide evidence that the credit was processed in order to dispute the chargeback. 1 – Merchandise/ Services Not Received 13 . The issuer generates a claim, then transmits it to the merchant’s acquirer, as well as to Visa, as a means of noting all reported fraud incidents tied to the merchant. The new regulations simplify certain aspects of the dispute process and help stop some fraudulent claims before they become chargebacks. AP - Recurring Payments. Second, chargeback reason code 75, for “Transaction Not Recognized,” is going away. Thus, the easiest way to prevent chargeback reason code 75 from being. 1. R13 No Reply. 195 Acquirer Use of Message Reason Code 7627-Face-to-Face or CAT Level 2 Transac tion. The cardholder claims they were charged multiple times for a single transaction. . Not only that, but a higher win rate may incentivize banks to conduct greater due diligence before filing a chargeback in the future. In the case of friendly fraud, that reason could be completely invalid and. Reason codes. 2. Solutions. If the chargeback is upheld, the merchant must return the money to the customer, as well as pay an additional fee to the acquiring bank. Other Fraud—Card Absent Environment. 196Chargeback reason codes can change with new information. Additionally, one clearing transaction. The first step to fighting a chargeback, is to research the reason code which explains the reason for the chargeback and the required compelling evidence to. [noun]/* chahrj • bak • rə • pôrt/. Return fraud happens when consumers bring an item (or items) back to you to request a refund in the form of store credit or cash. To help merchants understand the underlying issue of each chargeback, American Express has created specific chargeback reason codes to help business owners interpret chargebacks. 4853 – Cardholder Dispute – Goods or Services Not Provided. . Reason code 4541 - Recurring Payment. Through 2021, we analyzed chargeback reason codes across various subscription-based verticals. The merchant's evidence must demonstrate that this claim is false. 1 – EMV Liability Shift 10. 4 –. Solutions. Also, Ethoca Alerts only notify you of chargebacks that occur within the alert. 4: . Any chargeback that is received without a reason code will be assigned a default code of 53. The Chargeback Reason Codes are alphanumeric key codes provided to the merchant and that comes along with. . The implication is that the merchant is at fault. Reason Codes: 22 / 23 / 32 / 35. 6 General update and rebranding. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. About American Express chargeback reason codes. Chargeback reports can help merchants identify opportunities to increase efficiency, improve processes, and prevent future. Previous Page. Fraudulent transactions almost always lead to chargebacks, and chargebacks are also.