Chargeback Closure Reasons
Close Reason | Details |
---|---|
No Response | If the merchant does not respond to a chargeback within the TAT, then the Chargeback case gets auto-closed with this reason. Merchant's account gets debited. |
Insufficient doc | If the merchant does not respond with the requisite documentation for the chargeback basis the TAT, then the case will be closed with this reason. Account debited. |
Bank Denied to represent | If the merchant response does not convince the acquiring bank to represent the case. Merchant's account gets debited. |
Accepted | If the merchant accepts the chargeback raised by the customer for the entire amount. Merchant's account gets debited and money is returned to the customer. |
Partially Accepted | If the merchant accepts the chargeback raised by the customer for a part of the sale amount. Account debited for part; part money returned to the customer. |
Offline Refund | If the merchant has already settled with the customer to a different account than that was used for the transaction. |
Others | For any other reasons not listed. |
Accepted By Riskified | If the chargeback is closed based on the PayU's Fraud liability Program |
Delivered | The product is accepted to have been delivered to the customer |
Refunded | The entire chargeback amount has already been refunded by the merchant to the customer |
Partially Refunded | Partial chargeback amount has already been refunded by the merchant to the customer |
Updated about 6 hours ago