For each claim, you must craft your representment to suit the reason code under which the bank filed the chargeback. com. Below you'll find a list of chargeback codes along with an explanation of what each one means, covering both. 1: Use the corresponding dates from the invoice. 4807 Warning Bulletin File. The Time Frame charts in this guide indicate the reason codes, allowable time frames for chargeback processing and type of chargeback. Each chargeback is disputed by a specific reason code. By entering your email, you agree to receive marketing emails from Shopify. They also can’t prevent the lost sales revenue and merchandise resulting from a consumer dispute. For a Mastercard late presentment chargeback to be valid, all the following conditions must apply: The cardholder’s account must be permanently closed. Fight; Prevent; Recover; Resource. 1 Quick Reference Lead. 11. 16, 2021. 2 chargeback if you override a declined, referral, or pickup authorization message, but process the transaction anyway. There are over 80 unique return codes, and each one represents a different type of return. Try Shopify free for 3 days, no credit card required. Reason code encyclopedia Your comprehensive guide to reason codes, modifiers, time limits, and compelling evidence. Choose “chargeback and inquiry status” from the drop-down menu. 36. Field name: reasonCode. 1 chargeback: 1. Because of this, banks, merchants, and card networks often classify chargebacks into three distinct categories to determine how they should be approached. 2. The reason_code will be one of the following values: chargeback_reimbursement: The gross shows positive if the chargeback was resolved in the seller's favor, and the seller gets a refund. In fact, 91. These codes will explain why the chargeback was filed. So, if a customer files an Amex chargeback, the company has good reason to side with their customer over the merchant. Amazon Pay will send you a notification email when you get a chargeback, which will include details such as the order number and reason code. Another downside is that chargebacks on annual subscriptions. Fraudulent Transaction. The key below describes the applicable classification and code structure of Chargeback codes by country: Classification. This chargeback reason code was retired by Visa in April 2018. 1 EMV Liability Shift 10. R01. Chargeback stands If you don’t reply in time or with the right documentation, the Chargeback will stand. Paymentology will submit the chargeback using the appropriate chargeback reason code. The reason code. Chargeback stands If you don’t reply in time or with the right documentation, the Chargeback will stand. You're viewing documentation for our latest API. A chargeback reason code is a two- or four-digit alphanumeric code issuing banks assign to disputes. 0: Changed report name from Downloadable Dispute Report to Case Report. New Visa CE 3. Chargeback Reason Coded by Network - 2023 Guide. Reason Code 53 re-presentments must be. The issuing bank collects evidence from the customer and categorizes the chargeback using the appropriate, card network-specific, reason code. Reason Text. American Express reason code 155, Visa reason code 30, MasterCard reason code 4855, and Discover reason code 4755 are all specific reason codes for Shopify payment chargebacks. Scenario 2. Every of the major card brands, the inclusion of Visa, MasterCard, and others, has its acknowledged system of reason codes. Each card. American Express. Fight; Prevent; Recover; Resources. There are two parts to this. The agency must provide this documentation to Vantiv (via mail, fax, online/scanning) within 30 calendar days after the report date on the Visa/MasterCard. When a customer who's enrolled with 3-D Secure from their bank initiates a purchase, the tool will deploy during the checkout. A chargeback happens when a customer asks their card-issuing bank to reverse a transaction. By entering your email, you agree to receive marketing emails from Shopify. Only an issuer can initiate the chargeback process. A reason code is how banks categorize the reason for a chargeback. Both EFM and ECM measure compliance at the MID level. Moreover, there are other two categories to handle the Amex chargeback: inquiry and chargeback programs. FAQ: What is Chargeback Representment?. For example, the dispute reason “Cardholder Does Not Recognize” is denoted under the Discover reason codes system as “AA. Check with the issuing banks to determine what time limits may apply to you. Other Fraud—Card Present Environment. Cancelled/Returned by Cardholder: Credit not Processed: FR2: Fraud: Fraudulent Transaction: P08: Processing Error: Paid By Other Means: P17: Request for Information:. Chargeback Reason Codes; BIN Lookup; ROI Tool; Company. Here’s how. Amex uses the same four main categories as Visa to organize its reason codes: Authorization, Card Member Disputes (which Visa refers to as Consumer Disputes), Fraud, and Processing Errors. You must submit your response packet prior to the expiration date that is set by your payment processor, some of which only allow 5-10 days to respond to a chargeback claim. Protect stored cardholder data. Visa, Mastercard, and other leading card companies each have their own respective set of codes for this purpose. the Chargeback. The customer regrets their purchase. Other Ineligible Transactions Under Reason Code 62, Condition 2 . It’s not unusual for a customer to ask you for a refund. • Section 4: Chargeback Reason Codes—Contains detailed information on the reason codes for the most common types of chargebacks that merchants receive. © 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. Last updated: October 15, 2019 . American Express . Every chargeback comes with a reason code. Chargeback Reason Codes by Network - 2023 Guide. #9. Other Fraud—Card Absent Environment. C02 | C04 | C05 | C08 | C14 | C18 | C28 | C31. Merchants who receive a chargeback for a transaction placed with an American Express card may encounter reason code F24, which indicates an unauthorized transaction that the cardholder does not believe they should be responsible for paying. [noun]/rə • fənd • frôd/. 4 Section . Reason Code. We've made some changes to our API. Ideally, the chargeback reason code will determine the type of evidence you share. Fine Period - month 2 or 3. American Express chargeback reason code C18 falls under the “Card Member Disputes” category. Chargeback Category. 4846 — Incorrect Currency Code. Once you know why a chargeback happened, you can start building a case to address the claims that were made. Take, for example, a reason code 4853 chargeback claiming that merchandise or services ordered were not received. These can be classified into three types of chargebacks. If the customer’s story matches. The cardholder alleges they never received the products or services. Only by researching the disputed transaction and examining the true facts of the situation can you tell whether a chargeback is legitimate or not. The reason_code will be one of the following values: chargeback_reimbursement: The gross shows positive if the chargeback was resolved in the seller's favor, and the seller gets a refund. 4846. Chargeback Reason Codes and Descriptions. com Time Frames by Chargeback Type and Reason Code. Visa chargeback reason code 72 falls under the “Authorization” category. We also included the reason code descriptions and an indication of when the allowable time frame begins. If a customer does not contact eBay and files a chargeback with their issuer, eBay will engage in the chargeback representment on your behalf. 3. Chargeback fees make up a big chunk of the total costs, so we’re going to take a. 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. This code is used when a cardholder claims that a fraudulent transaction occurred in a face-to-face environment, such as a retail store. These are all the known American Express chargeback codes. The major card networks have unique reason code systems, and banks use separate tools. By entering your email, you agree to receive marketing emails from Shopify. Depending on the reason code, supporting documentation may include: Copies of the order confirmation, invoice, or receipt; Proof of. The first two digits indicate what category the reason code falls under: 10 for Fraud, 11 for Authorization, 12 for Processing Errors, and 13 for Customer Disputes. “American Express Chargeback Reason Codes | Sift”. FR4 — Immediate Chargeback Program. For perspective, the next highest. September 2011: 5. The external reason/chargeback codes are converted to internal reason codes and are populated on the incoming (payment) AR document. Preventable Reversible. Solutions. When a cardholder disputes a charge, their issuing bank will review the transaction and decide if. Reason Code 02. The networks say merchants have a 45-day response window, but the Chase credit card chargeback time limit for merchants is 39 days. If you choose to fight the chargeback, Amazon Pay will charge you a $20 Disputed Chargeback Fee. FR2 - Fraud Full Recourse Program. 1 Chargebacks A chargeback is a rules-based mechanism, with time-sensitive workflows, that enables the issuer and the acquirer to determine the financial liability of a disputed transaction. Here’s how your store can prevent and deal with chargebacks. There are dozens of reasons why cardholders and issuers dispute transactions. All chargebacks start with a customer making a purchase in person, in an app, or online. 9808 info@chargebacks911. This authoritative guide includes the chargeback reason key from each from the four major card netz. . 6: Credit not. 3. You must proactively address chargeback issues. For scenario A, send an echeck sale transaction with the following data: routing_number=064000101. 1 Authorisation . Home; For Business. American Express chargeback reason codes, much like Discover, bear one important difference from those under Visa and Mastercard: the issuing bank is also the card network. You can see a reason code 11. A02 No Valid Authorization. Learn How Chargebacks Work. Other reason codes address entirely understandable reasons for cutting a merchant off from their credit card processor, like participating in money-laundering schemes, colluding with other merchants to fix prices or. 15, 2021. In 2021, 43 percent of companies identified customer service delays as a top reason for their increase in chargebacks. Mastercard Chargeback Reason Code 71: Disputed Amount. It’s a 3-digit alphanumeric shorthand attached to a returned ACH transaction explaining why an ACH transfer is reversed. It gets worse. FAQ: What is Chargeback Representment? TIPS. 1=1010,. AT Authorization Noncompliance. Pursuant to the Fair Credit Billing Act of 1974, cardholders have the right to dispute unauthorized or erroneous charges, and issuing banks must reverse a disputed transaction if the cardholder’s claim. These are only a handful of common Visa chargeback reason codes. Losing Fraud-Related Customer Disputes If the bulk of reason codes your business sees are fraud-related and you lose these chargebacks after submitting compelling evidence, true fraud. Pursuant to the Fair Credit Billing Act of 1974, cardholders have the right to dispute unauthorized or erroneous charges, and issuing banks must reverse a disputed transaction if the cardholder’s claim. Like definitive guide involves the chargeback reason laws upon each of the four major cards networks. A double refund chargeback occurs when a cardholder requests a refund for a transaction, then files a chargeback for the same purchase. It is caused by things like beliefs, opinions, morals, regrets, fear, and confusion. Any chargeback that is received without a reason code will be assigned a default code of 53. A credit card chargeback is when a bank returns money to you because a credit card charge was fraudulent or you bought something online that wasn’t delivered or was. Recommend Documents. Visa chargeback reason code 75 falls under the “Consumer Disputes” category. This definitive guide includes the chargeback reason codes from each of the four major card networks. American Express uses four main categories to organize its reason codes: Authorization, Card Member Disputes, Fraud, and Processing Errors as well as two additional categories, Inquiry/Miscellaneous and Chargeback Programs, to classify just a handful of reason codes. Reason codes are alphanumeric codes that provide the justification for granting a chargeback. 08. Availability Date: October 24th, 2021. See the list of reason codes below: Card Network. 4763: FR2: Full recourse: A cardholder is claiming that they did not authorise or participate in a transaction that you processed. While you obviously don’t want customers to cancel their service, a cancelation is far better than a chargeback. Transaction not authorised – the Card Issuing Company is stating that an authorisation code was required for the transaction, but it was not obtained. Because it’s so easy for customers to initiate a chargeback, retailers are bound to experience a request at some. A reason code is an alphanumeric code that explains the reason behind the dispute. Here are the most common chargeback culprits. Refund Fraud. Goods / Services Damaged or Defective. Each code refers to one of the specific rationales that card networks consider legitimate reasons for a customer dispute. If the dispute is deemed valid, the bank or credit union proceeds to issue a chargeback to the merchant. without a reason code will be assigned a default code of 1. Reason codes are alphanumeric codes that provide the justification for granting a chargeback. What are Chargeback Reason Codes? Chargeback reason codes are issued by the bank when a customer files for a chargeback. What are Chargeback Reason Codes? Chargeback reason codes are issued by the bank when a customer files for a chargeback. Sometimes, customers get wrongly debited due to manual data entry errors by the merchant’s team. Visa Chargeback Reason Codes. Each of the major card brands, including Visa, Mastercard, and others, have their own system of reason codes. If the dispute involves a non-Visa card, the dispute can be paused for up to 72 hours for the merchant to respond. Time limits vary by card network and reason code, though, so you should look into the specific terms tied to the reason code. To start a chargeback process on your AmEx card, follow these steps: Get in touch with American Express by logging into your account. The bank or credit union then conducts an investigation to ascertain the validity of the dispute. 1. Some 90% of merchants said “cardholder abuse of the chargeback process” was a leading concern for their business. To help merchants understand the underlying issue of each chargeback, American Express has created specific chargeback reason codes to help business owners interpret chargebacks. Amex uses the same four main categories as Visa to organize its reason codes: Authorization, Card Member Disputes (which Visa refers to as Consumer Disputes), Fraud, and Processing Errors. 5%. 4763: FR2: Full recourse: A cardholder is claiming that they did not authorise or participate in a transaction that you. The tickets were held at the box office, and no signature, swipe or imprint of the card was obtained when the tickets were released. Card Brand Code Description. A08 Authorization Approval Expired. It's essential to respond within the. A CVV2 code is a 3-digit code located on the back of a Visa credit, debit, or prepaid card. Customers cannot dispute pending credit card transactions; they have to wait for it to actually post to their account before they can initiate a dispute. Consult the applicable network’s guidelines for examples of acceptable compelling evidence. However, Visa is the largest card brand in both the United States and the world. Please refer to chapter 5 for more information. Reason codes for the chargeback with detailed explanation of what it means, how to dispute the chargeback, and how to avoid future disputes. The actual underlying cause of this chargeback is usually either true fraud or friendly fraud. A code that identifies the reason that the write-off occurred. Solution. Encrypt transmission of cardholder data. Chargeback Reason Code. 3: Goods or services were not as described: C31: RM: 13. It was originally just one facet. Reason Codes Category 4: Processing Errors. The system posts separate line item for each chargeback code in AR document and for each of the reason code system captures the reference information from lockbox file in the text field of. Scenario 2. For each reason code, a definition is provided along with the merchant’s actions—or failure to act—that may have caused the chargeback,Unfortunately, it is pretty challenging to prevent friendly fraud. Aforementioned definitive guide includes and chargeback reason codes from each of the four major bill networks. Accessed October 17, 2022. Date Option. Click “add filter”. Most reason codes apply to any merchant, regardless of what’s being sold. UA10 Request Transaction Receipt (swiped card transactions) UA11 Cardholder claims fraud (swiped transaction, no signature)See the definitions of the various chargeback codes you maybe receive during the chargeback process. Click on Review Charges. Network Processing ® ©Reason Codes A chargeback reason code is a distinctive two-to-four-character combination of letters and numbers issued by the involved bank to identify why a dispute was initiated. In this instance, the cardholder claims a misrepresentation of the order they received, such as a defect, damage, counterfeit, or incomplete merchandise. Partnerships; Integrations; About. 15% -. 0 only applies to reason code 10. In some cases, errors can be resolved and reversed, but there is no equivalent to chargeback representment when it comes to ACH. . A chargeback happens when a customer requests for a transaction to be. These symbols stand for reasons why a financial. Following is the list of Chargeback Reason Codes used by American Express (AMEX): AMEX Chargeback Reason Codes. Amex Chargeback Reason Code FR2: Fraud Full Recourse Program Description This is a program that allows American Express to send any dispute without first sending. 0 initiative to update compelling evidence requirements for dispute reason code 10. Chargeback Reason Codes by Mesh - 2023 Guide. A magazine by Square . The specific guarantee terms and reimbursement procedures will. The Merchant Reviews the Partial Chargeback Claim. Mastercard Chargeback Reason Code 70: Chip Liability Shift. It is important to identify and understand the root cause and take the necessary steps to dispute the chargeback. chargeback_settlement: The gross shows negative if the chargeback was resolved in the buyer's favor, and the funds return to the buyer. R04. A chargeback reason code can offer merchants a lot of information, including which chargebacks you should fight and how to rework your return policy. Pursuant to the Fair Credit Billing Act of 1974, cardholders have the right to dispute unauthorized or erroneous charges, and issuing banks must reverse a disputed transaction if the cardholder’s claim. 3. FR2 FR4 FR6 M01 M10 P01 P03 P04 P05 P07 P08. Dec 6, 2021 — Betty's bank issued the chargeback for $9. (otherwise known as NIÑA MANUFACTURING AND METAL ARTS, INC. 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. chargeback_settlement: The gross shows negative if the chargeback was resolved in the buyer's favor, and the funds return to the buyer. Fine Period - month 1 1 Acquirer receives Excessive Fraud Activity Notification 2. In both instances if the Merchant wishes to withdraw from an arbitration case, Visa will charge the amount of 500. This chargeback reason code is also referred to as “Point-of-Interaction” Errors. The chargeback reason code. This code tells you why the customer or bank initiated the dispute. Refund fraud is a form of first-party transaction fraud. For example, Mastercard has a code which indicates a ‘consumer dispute. As soon as a customer requests a chargeback, their bank will reach out to the business’s bank and give them a heads-up that the chargeback has been requested. April 2018_Chargeback Reason Code Encyclopedia. Betty's issuing bank assigned chargeback reason code 10. 4798: F30: Fraud Liability Shift. Clerical Merchants and Partners can request that Forte remove an account from the "Known Bad Accounts" database by calling Customer Service at 800-337-3060 option 1. It is a valuable resource for anyone involved in the payments industry. A chargeback reason code can offer merchants a lot of information, including which chargebacks you should fight and how to rework your return policy. About Discover chargeback reason codes. While there are many chargeback reason codes, all chargebacks fall into one of three categories:UA01 Fraud – Card Present Transaction. But, merchants should be aware that, eventually, everyone will be required to use the new designations. Reason code 4808 – Authorization-Related Disputes; Reason code 4870 – Chip Liability Shift; Reason code 4871 – Chip & PIN Liability Shift; Reason code 4834 – ATM Dispute; Chargebacks filed with these reason codes are supported by a great deal. Once filed, the merchant generally has 20 days to respond to the chargeback. Visa chargeback reason codes are used to categorize the reasons for a chargeback. American Express chargeback reason codes REASON ODE. Blog and Featured; Success Stories; Chargeback Reasoning Codes; BIN Look-up; eGuides and Reports;. 2. reasonable and that the transaction did not exceed this amount range. Some Mastercard reason codes (4808, 4870, and 4871) proceed directly to arbitration if the issuer does not accept the merchant's representment. ”. In most cases, you will have 20-45 days in which to respond to a chargeback. Cancelled/Returned by Cardholder. 102. The number of in-person fraud attacks attempted in the UK has dropped by 69% since 2004. A chargeback reason code can offer merchants a lot of information, including which chargebacks you should fight and how to rework your return policy. Chargeback Reason Codes Card Type DISCOVER DISCOVER DISCOVER Reason Code 4502 4534 4540 DISCOVER 4541 DISCOVER 4550 DISCOVER 4553 DISCOVER DIS. Get your complete guide to the new Visa reason codes, including all the detailed information, chargeback time limits, and other important information you need. If a dispute is filed with Discover and a ticket retrieval request is sent, the merchant has just five calendar days to respond with. Did not issue a credit, because it does not accept returns, but did not properly disclose its return policy. And according. 4. In fact, the total costs of chargebacks exceed $30 billion per year, which is more than the revenue of many Fortune 500 companies, like McDonald’s and Netflix. Many subscription payment disputes are made under code 13. Survey data from the 2019 Chargeback Field Report found that 82% of merchants surveyed believed that the Visa Claims Resolution process had “little to no impact on chargeback management. Reason Code. 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. Now, compliance cases must be submitted through Visa Resolve Online (VROL). F02. Under the new VCR process, there will be 4 dispute categories: Fraud, Authorization, Processing Errors and Consumer Disputes. The other two chargeback reasons can be traced to very obvious causes — criminal activity and merchant mistakes. Knowing these codes can help you dispute chargebacks more effectively. When a customer who's enrolled with 3-D Secure from their bank initiates a purchase, the tool will deploy during the. 4: . Key-in your chargeback reason code and get a detailed explanation of what it means, how to fight the chargeback, and how to prevent disputes in the future. If you are a new Stripe user and we have activated your access to Chargeback Protection, we may hold all dispute-related funds and fees until your business is approved. Spot these types of chargebacks using the below reason codes. Complete Guide to Visa Compelling Evidence Update CE 3. Technical. Card Type. Chargeback reason codes can change with new information. Written by Chargeback Curators. UA05 Fraud – Chip Counterfeit Transaction. 103. Updated: Valid values updated. Despite being the smallest of the four major credit card companies, the list of Discover chargeback reason codes is extensive. Submitted: The response has been sent and the issuer is. Prevented; Recover; Tools. The use of this reason code indicates that the cardholder does not recognize the transaction as it appears on their bank statement. This reason code indicates that the merchant. Get your complete guide to the new Visa reason codes, including all the detailed information, chargeback time limits, and other important information you need. com Europe. The assigned chargeback reason code outlines why a customer submitted the dispute. The reason_code will be one of the following values: chargeback_reimbursement: The gross shows positive if the chargeback was resolved in the seller's favor, and the seller gets a refund. MasterCard does not have an equivalent reason code. The charge you submitted did not receive a valid authorization approval code for the amount of the charge. Written to Chargeback Gurus. Each card issuer follows their own standards for defining reason type, code and its format. This list was generated 5/4/2022. Oftentimes, the reason code assignment is based on limited knowledge and insight. FR2 FR4 FR6 M01 M10 P01 P03 P04 P05 P07 P08 P22 P23 R03 R13 Select a code to see the details QUICK REFERENCE Time to respond: 20 days from date of chargeback. Step 2: Customer initiates the chargeback. A new 4 byte reason code will be used moving forward. 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. They are provided to the merchant by the issuing bank, and they help all involved parties categorize disputes and determine next steps. The tickets were held at the box office, and no signature, swipe or imprint. 7: Defective goods and services: C32: RM: 13. ”. Updated August 23, 2023. Specify the default reason code to. The length and structure of Reason Codes changed from a current two-digit code to four to six digits that contains decimal(s) point(s). Code. But these are the minority of all transaction disputes. Most Common Chargeback Reason Codes #3: Order Significantly Not as Described. The other member could accept the chargeback or contest it, escalating the dispute to compliance where Visa adjudicates. While there are reason codes related to processing errors that cause disputes, the majority of reason codes result from a cardholder disputing a charge. Versions Affected: v5, v6. For example, 10. MasterCard chargeback reason code 4540. Mastercard also considers some chargeback reason codes to be indisputable. Stage 1: First Chargeback. YES YES by Cardholder AMEX FR2 Fraudulent Transaction Fraud NO NO AMEX P08 Paid. What are Chargeback Reason Codes? Chargeback reason codes are issued by the bank when a customer files for a chargeback. Visa chargeback reason code 75 is filed as an honest mistake. Check the chargeback reason code. Additionally, Amex uses a fifth "Miscellaneous" category. Make sure to use security codes and AVS. Visa chargeback codes are broken up into four categories: Fraudulent activity; Authorization issues; Processing errors; Customer disputes; Fraudulent activity Below is a list of Mastercard chargeback codes used in eCommerce. 3. Find explanations for the major credit card issuers dispute reason codes in the Cardholder Dispute Reason Code EncyclopediaECM monitors first presentment chargebacks regardless of reason code or transaction type. US and Canada. Take the time to note the following dispute reason codes for Visa. Promo Abuse. Chargeback reason code 11. What is the chargeback representment process? When faced with a chargeback representment, you should take these steps. 6. The Visa chargeback reason codes system underwent a major overhaul in April 2018 as part of their new Visa Claims Resolution (VCR) initiative. These are all the known American Express chargeback codes. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. Subscribe today to our newsletter and stay up to date with all events coming straight in your mailbox:What are chargeback reason codes? Mike Conway 2021-03-04T20:56:54+00:00. Reason Code 12: PCI-DSS Non Compliance: The merchant wasn’t compliant with PCI-DSS requirements. Establishment on Full Recourse/Immediate Chargeback Program: FR2:When the customer disputes a charge, the issuing bank then begins the chargeback process. 65 fee for uploading scanned documents. Reason code Description; FR2: Fraud Full Recourse Program: FR4: Immediate Chargeback Program: FR6: Partial Immediate Chargeback Program: F10: Missing. Written to Chargeback Gurus. This definitive guide includes the chargeback reason codes coming each of the four greater menu networks. People request chargebacks for all kinds of reasons—some sinister (like friendly fraud), some because the item they bought never arrived. ”. . 4763: FR2: Full recourse: A cardholder is claiming that they did not authorise or participate in a transaction that you. Get started . If a criminal manages to defeat the technology and complete an online. It can protect against criminal fraud attacks, but equally important, it protects you from liability due to fraud and other losses. “Visa has 28 different reason codes. American Express chargeback reason codes REASON ODE ENCYCLOPEDIA sift.