What is a Chargeback? Payment gateway charges are inevitable while making payments on online business platforms, especially on e-commerce websites. They are more like a chargeback minefield. Although the majority of sale transactions occur smoothly, at times, there are many problematic shopping situations that might result in a payment gateway charge. This may arise from frauds, impulsive purchases, certain deliberate scams, etc. A chargeback is a kind of protection for the customers. If there is a case of a fraudulent transaction, the disputed money is refunded to the account of the cardholder. But for the merchants, it might prove to be a costly affair, as it might result in huge losses. The major credit card brands like MasterCard, Visa, American Express, and few others administer t
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