Chargeback Reason Key by Network - 2023 Guide. Visa’s 22 chargeback reason codes will be merged into client disputes – fraud, authorization, processing errors, and four guidelines. And according. When a customer decides to dispute a charge made to their debit or credit card, it is referred to as a chargeback. If one of your customers issues a chargeback through their bank, you have the chance to dispute it and win back the funds. . FAQ: What is Chargeback Representment?. This can be transaction receipts, proof of. Discover chargeback reason codes are divided into three categories: service disputes, processing errors, and fraud. 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. Fraudulent Activity. A chargeback happens when a customer requests for a transaction to be reversed. AMEX M01 Merchant Accepted Chargeback American Express Chargebacks / Disputes. Also, Ethoca Alerts only notify you of chargebacks that occur within the alert. 1 = EMV-Liability Shift counterfeit. It can range from 60 to 120 days from the billing date. This reason code is used when the cardholder claims that their card was used fraudulently without their permission. In this instance, the cardholder claims a misrepresentation of the order they received, such as a defect, damage, counterfeit, or incomplete merchandise. 104. The chargeback transfers funds from the acquirer to the issuer. P01 – Unassigned Card Number. The notifications can help merchants stop chargebacks before they count against them. account closed or insufficient funds. Reason Code Reason Code North-America Reason Description; 4540: F29: Card Not Present (fraud). UA10 Request Transaction Receipt (swiped card transactions) UA11 Cardholder claims fraud (swiped transaction, no signature) These chargebacks occur to resolve chargeback-related disputes between network members. M01: Merchant Accepted Chargeback-Miscellaneous: Amex: M04: Merchant Accepted Chargeback-Miscellaneous: Amex: M10: Capital damages. Through 2021, we analyzed chargeback reason codes across various subscription-based verticals. manual processing by uploading chargeback documents instantly. In most cases, the bank chooses a course of action based on information the cardholder provides. Chargeback Reason Codes Fraud – Card-Not-Present (CNP) Network Reason Code Bank Initiation Timeframe Accel 81 120 calendar days from transaction processing date American Express FR2, F14, F24, F29 120 calendar days from transaction processing date Discover 4752 AA, 7030 UA02 Within 30 calendar days from the close date of the TRRUpdated August 23, 2023. In this instance, the cardholder claims a misrepresentation of the order they received, such as a defect, damage, counterfeit, or incomplete merchandise. The current situation puts online betting. A Product Not Delivered chargeback means the customer believes they did not receive the goods or services they purchased. Chargeback Reason Codes and Descriptions. In this case, the customer files for the pre-compliance chargeback (aka reason code 98). 4512:Reason codes. 7: Defective goods and services: C32: RM: 13. M01: Chargeback Authorization: Processing: IN: Invalid Card. It was originally just one facet of legacy reason code 81. This list can provide you with a brief detail on the reasons for chargebacks. There are plenty of reasons as to why this would happen, hence the many. 9808 info@chargebacks911. List and additional information about all reason codes by card brand. • Rule changes for chargeback reason codes involving unjust enrichment associated with credits issued before or after a chargeback and/or after a second presentment. The ECI value tells you what to do next in a 3DS transaction — proceed, reject the purchase, or try again. 1: Merchandise/services not received Visa uses this reason code when a customer claims they didn’t receive the goods or services they ordered from your business. MasterCard chargeback reason code 4540. Know these five rules to avoid payroll blunders triggering fines, penalties and IRS audits. Get your complete guide to the new Visa reason codes, including all the detailed information, chargeback time limits, and other important information you need. Depending on the reason for the chargeback, your evidence needs to prove you: verified the identity of the shopper. If the order was genuinely not as described, then the cardholder has a case. Support; Login. 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. 5 billion lost in 2020. Shopify Payments Chargeback Reason Code #5: Product Not Delivered. Your actions in response to a Reason Code 57 chargeback will depend on the particular circumstances, the most typical of which are listed in the table below: You did process the appropriate credit to your customer’s card account. MasterCard - 4863 Cardholder Does Not Recognize - Potential Fraud. Time Limit (Acquirer/Merchant) 20 Days. The cardholder claims they were charged multiple times for a single transaction. ACH return codes are a type of shorthand for specific information concerning the return, much like the card decline codes or dispute reason codes used by credit card networks. An XCK entry may be returned up to sixty days after its Settlement Date. Ethoca alerts can prevent chargebacks before they hit your bank account. 18167 US Highway 19 N Clearwater, FL 33764 877. A chargeback attempt may fail if there is not a valid reason for it, and card issuers are unable to force a merchant’s bank to refund credit card payments. 3. While the format of chargeback reason codes varies depending on the card network, all codes are alphanumeric. What is Visa chargeback reason code 13. 2. 143. Always swipe the card once in the direction of the arrow shown on the reader. Immediate Chargeback Program: FR5: No Further Recourse: FR6: Partial Immediate Chargeback Program. 140. Paymentology will submit the chargeback using the appropriate chargeback reason code. Written over Chargeback Gurus. However, it is important to note that this reason code is based on the reason given by the customer to their bank. com M01 Chargeback Authorization; Processing errors. 1? Visa chargeback reason code 12. Time Limit (Issuer/Cardholder) 120 Days. If the cardholder’s bank accepts the dispute, they will reverse the transaction, taking the funds back from the merchant and returning them to the cardholder. They make it easier for originating and receiving financial institutions to spot and communicate payment failures. Reason Code North-America: Canada and United States of America; Reason Code: All other countries; Fraud. The network hasn't wholly disallowed some old codes. M01 — Chargeback Authorization. Once filed, the merchant generally has 20 days to respond. A transaction modifier (or modifier) represents specific circumstances associated with a card sale that change what compelling evidence is required to overturn the chargeback. Explore more ACH Return Codes. Chargeback Reason Code. If you've determined the chargeback is meritless, and you know the reason code, below are the five stages of an effective chargeback representment. Fight; Prevent;. Every of the major card brands, the inclusion of Visa, MasterCard, and others, has its acknowledged system of reason codes. 75 for every $1. Issued the credit but did not deposit it with its processing bank in time for it to appear on the. One of three things will happen: The issuer rules in your favor: Your representment case validates the original transaction. 4. Fight; Prevent; Recover; Predict; Success Story; Resources. Analyze your chargeback data. Values are: Blank: Use the receipt G/L date. FAQ: What is Chargeback. P05 – Incorrect Charge Amount. So the company has more incentive to side with customer during cardholder. P05 – Incorrect Charge Amount. PCI DSS v3. These symbols stand for reasons why a financial institution may file a credit card chargeback from their client’s name. Under “Transaction History,” tap the transaction you want to dispute, then tap “Report an Issue. Chargeback reason codes. 7. The old-fashioned way of determining the root causes of your chargebacks involves comparing. Blog and Articles; Success Stories; Chargeback Reason Codes;. 2. Response to retrieval request: Based on the information provided, the acquiring and issuing banks resolve the dispute, if possible. Chargeback time limits vary depending on the reason for the dispute. The Chargeback Reason is fraud-related and the Chargeback Notice identifies that one of the below chargeback codes (each, an "Acceptable Reason Code") applies: Acceptable Reason Codes. Acquirer after the 3-month Workout Period, as described in “Excessive Fraud Activity Notification - U. Specify the invoice date and net due date that you want the system to assign to chargebacks. And shorthand description is “Chargeback Authorization. MASTERCARD Reason Code Description. The major card networks have unique reason code systems, and banks use separate tools. Products. Chargeback reason code 75 is issued when a card issuer receives a complaint from a cardholder stating that the name of the merchant that. S. customer rec goods/srvcs, but not charged. Chargebacks911 offers the most comprehensive chargeback management system available, backed by the industry's only performance-based ROI guarantee. 08. What are reason codes?. In the normal chargeback notification process, it can take 2-5 weeks to be notified. 101. Try Shopify free for 3 days, no credit card required. American Express Chargebacks / Disputes. Visa Chargeback Reason Codes; MasterCard. 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. Merchants who receive a chargeback for a transaction placed with an American Express card may encounter reason code M01, which indicates a chargeback generated as a result of an inquiry from American Express. 1: Merchandise/services not received Visa uses this reason code when a customer claims they didn’t receive the goods or services they ordered from your business. P01 Unassigned Card Number; P03 Credit Processed as Charge; P04 Charge Processed as. Authenticating users and providing a quality customer experience are vital to prevent fraud and chargeback abuse. American Express Chargeback Reason Codes. There are two parts to this. TC40 data is used to inform banks and card networks when a merchant has an outstanding fraud. Reason codes are very crucial to assist. This is commonly caused by either true fraud or friendly fraud. Include any terms relevant to the transaction, including return, cancellation and. These codes explain the reason why the chargeback was filed, and the reason the chargeback was approved. American Express received merchant authorization to process a chargeback for the charge. P03 – Credit Processed as Charge. EFM MONTHLY CRITERIA NUMBER OF E-COMMERCE TRANSACTIONS FRAUD CHARGEBACK AMOUNT FRAUD CHARGEBACK RATIO BASIS POINTS (BPS) 3DS UTILIZATION (EMV 3DS + DATA. Each of the major card brands, including Visa, Mastercard, and others, have their own system of reason codes. ”. Only an issuer can initiate the chargeback process. The new reason codes follow a format of two digits, a period, then a third digit. Claim Adjustment Reason. Fight; Prevent; Get; Assets. September 2011: 5. M01: Chargeback Authorization: M10: Vehicle Rental -. Once filed, the merchant generally has 20 days to respond. Reference these when rebutting cardholder disputes at your small business. It should ultimately help prevent fraud and unwarranted chargebacks, specifically applying to disputes marked with a Visa reason code 10. 15, 2021. Be transparent about your products. 60 due to merchandise, fees, overhead, and other sources of loss. 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. A “No Authorization” code chargeback can also be the. Card Issuer. See full list on chargebackgurus. Based on the information provided, Paymentology will investigate the transaction being disputed. About Us; Careers We're hiring! In The Press; Latest News; Events; Corporate Responsibility; Brand Resources; Contact Us. There are a number of chargeback reason codes that are dedicated specifically to transaction errors. Category. Updated the following columns - card type, response due date. The main chargeback reasons look like this: Malicious fraud. P01 – Unassigned Card Number. Once you submit the documentation to Wave, our Disputes Resolution Team will work on the case, and submit the required information to the bank on your behalf. United States. The charge you submitted did not receive a valid authorization approval code for the amount of the charge. Which fraud reason codes will be included in EMV Liability Shift? How are Lost/Stolen transactions affected? A. Not remembering the original purchase. If one member believed the other violated a Visa rule when handling a chargeback, they filed a pre-compliance chargeback for compensation. For more information on these and other updates, check out our complete chargeback reason. The issuing bank reviews the information. 2=1020 etc. But research by Javelin found that merchants dispute 43% of all chargebacks and succeed at 60% of those disputes. Chargeback /Dispute; Merchant Response. Issuers must not initiate a chargeback for magnetic-stripe (POS Entry Mode value of 90 or 02) transactions on non-chip enabled cards. Discover - UA02 Fraud – Card Not Present Transaction. The aim of CE 3. M01: Chargeback Authorization: M04: Deal Direct: M10: Vehicle Rental—Capital Damages. Stop order fulfillment so cost of goods isn’t lost. While there are many chargeback reason codes, all chargebacks fall into one of three categories:Or fill in the chargeback form because it seems easier than contacting the merchant directly. A Complete Listing of all American Express Chargeback Reason Codes Prohibited Business Types American Express Tools That Help Prevent Chargebacks. Never swipe a card back and forth or at an angle, as it may cause the reader to misread the stripe. Braintree Support Articles. Most reason codes apply to any merchant, regardless of what’s being sold. Each code corresponds to an issue or problem. CODE: DESCRIPTION: A01: Charge Amount Exceeds Authorization Amount. The list of chargeback reason codes in this article is organized by card brand and type of dispute. Change of Chargeback Reason to an Authorization-related Chargeback Replace ‘Change of Reason within the Cardholder Dispute Chargeback’ with this section. Merchants who receive a chargeback for a transaction placed with an American Express card may encounter reason code M01, which indicates a chargeback generated as a result of an inquiry from American Express. This code helps you identify the exact cause of the dispute. When a cardholder makes a purchase, but regrets it later, they may file a chargeback to recoup their money. The shorthand description is “Late Presentment. 145. UA06 Fraud – Chip and PIN Transaction. Inquiry. 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. Transaction not authorised – the Card Issuing Company is stating that an authorisation code was required for the transaction, but it was not obtained. You can see a reason code 11. A transaction modifier (or modifier) represents specific circumstances associated with a card sale that change what compelling evidence is required to overturn the chargeback. There are over 80 unique return codes, each representing a different return type. M01 Chargeback Authorization; Processing errors. Chargeback Reason Codes All received credit card disputes include a reason code. About American Express chargeback reason codes. Once you know why a chargeback happened, you can start building a case to address the claims that were made. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. Once you receive this notification, you have 11 days to submit a response. If the order was genuinely not as described, then the cardholder has a case. 1Disputes related to Chargeback Reason Code 93, “Merchant Fraud Performance Program,” are excluded from program monitoring. 1=1010, 10. Reason codes are important to help merchants address recurring. Visa reason code 53 is used for Chargeback for Defective/Not as Described, and reason code 85 is used for Credit Not Processed. The following is a full list of Chargeback Reason Codes for the card schemes that Zai supports. The process is often troublesome; most times, reason codes do not show the actual basis why customer is disputing a transaction. Chargeback reason code 4837: No Cardholder Authorization applies in situations where customers claim a card transaction was unauthorized, but do not feel the issue can be resolved through the merchant. 1: Services not provided or merchandise not received: VCR Dispute Reason Code 13. US $10,000. 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. Reason code 83 represents a chargeback categorized as. Another downside is that chargebacks on annual subscriptions. An issuer can initiate a first chargeback when the circumstances of the transaction meet the requirement of a chargeback reason code described in the Chargeback Guide. By entering your email, you agree to receive marketing emails from Shopify. The cardholder alleges they never received the products or services. The shorthand description is “Chargeback Authorization. 10. A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. These chargebacks will show up under reason codes that will, on first glance, appear legitimate. This chargeback occurs when merchants do not adequately provide currency information. Below is a list of Mastercard chargeback codes used in eCommerce. 3: Not as described or defective merchandise: VCR Dispute Reason Code 13. The good news for those using Shopify Payments, the hundreds of reason codes and buckets them into eight. So, if a customer files an Amex chargeback, the company has good reason to side with their customer over the merchant. If you did not receive the email, open Mave, Wave’s automated chatbot, and. American Express uses four main categories to organize its reason codes: Authorization, Card Member Disputes, Fraud, and Processing Errors as well as two additional. 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. For example, Mastercard has a code which indicates a ‘consumer dispute. Chargeback reason codes tell merchants the reason the customer is disputing a charge, according to the information they provided to their bank. 4: Fraud—Card-Absent Environment. 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. Write a chargeback rebuttal letter (with sample template) 8 Ways to Prevent Chargebacks. The standard chargeback process involves eight steps: Retrieval request: The card-issuing bank requests that the acquiring bank provide additional information for a given transaction. Availability Date: October 24th, 2021. Articles; Chargeback Reason Codes;. Dispute. Reason . Using the same link provided above, contact PayPal to report the scam. It’s typical to see fraud chargebacks roll in 2-3 months after the initial charges took place. 0: Updated report version from 1. A chargeback reason code is a 2-to-4-digit alphanumeric code given by the issuing bank tangled in a chargeback. 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. 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. P04 – Charge Processed as Credit. P04 – Charge Processed as Credit. The following is a full list of Chargeback Reason Codes for the card schemes that Zai supports. . 4% of all transactions worldwide are made with EMV chip cards, which has led to a precipitous drop in card-present fraud. S. Visa chargeback reason code 75 is filed as an honest mistake. 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). For example, Visa reason code 83 is one of the reason codes with several modifiers with which it’s associated. The implication is that the merchant is at fault. Nevertheless, you must respond to the chargeback based on the given code. Oftentimes, the reason code assignment is based on limited knowledge and insight. 201. Technical. Info Us; In and. M01: Chargeback Authorization: Inquiry/Miscellaneous: M10: Vehicle Rental – Capital Damages: Inquiry/Miscellaneous: M49:. 2. 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. 7: Defective goods and services: C32: RM: 13. Your comprehensive guide to chargeback reason codes, transaction modifiers, time limits, and compelling evidence for the four major card brands. Mastercard Chargeback Reason Code 73: Duplicate Transaction. Chargeback Reason Code 62—Counterfeit fraud pertains to the EMV liability shift. Category. Additionally, Amex uses a fifth "Miscellaneous" category. Improve the customer experience by resolving issues quickly. What is American Expedite chargeback reason code M01? American Express chargeback reason code M01 falls under the “Inquiry/Miscellaneous” category. A reason code is an alphanumeric code that explains the reason behind the dispute. Specify the invoice date and net due date to assign to chargebacks. When a cardholder disputes a charge, their issuing bank will review the transaction and decide if. The chargeback can be for the total transaction amount or a lesser amount. ”. To submit your documents to Wave, use the link in the chargeback notification email, or reply to the email. ”. Identify issues within 24 hours of a cardholder dispute, rather than waiting. There are 151 chargeback reason codes across the four major card networks. But friendly fraud is much more ambiguous. If a dispute is filed with Discover and a ticket retrieval request is sent, the merchant has just five calendar days to respond with. Some 90% of merchants said “cardholder abuse of the chargeback process” was a leading concern for their business. 2: Canceled Recurring Transaction, and those disputes would still go through the normal chargeback process. ACH return codes and explanations for R01 – R33 returns. EMV Liability Shift Non-Counterfeit Fraud. American Express uses unique codes to explain those reasons to merchants. Other Ineligible Transactions Under Reason Code 62, Condition 2 . The transaction amount is re-charged to the cardholder’s account, and the funds go back into your bank account. Visa Chargeback Reason Codes. Report. Now, 10. 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. 6 Processing Transactions 7 Processing Transactions Swiping a Card Before swiping, make sure the stripe is facing the reader. The chargeback reason codes below explain why this happened. P03 — Credit Processed as Charge Reason codes vary by card brand. Accessed October 31, 2022. A01 | A02 | A08. The bank or credit union then conducts an investigation to ascertain the validity of the dispute. 3 falls under the “Consumer Disputes” category. g. Understanding these codes can help merchants understand why chargebacks are being filed and how to prevent them in the future. Having a Lax Attitude Toward Industry Rules & Regulations. Chargeback reason code 10. In simple terms, an Electronic Commerce Indicator (ECI) is basically a 3-D Secure response code. When one cardholder initiates a dispute with their issuing bank, a. Here are some chargeback reason codes by card type. Once filed, the merchant generally has 20. The list of chargeback reason codes in this article. Cardholders and card issuers can place disputes on transactions for a variety of reasons including product returns, defects, cancelled reservations, and card processing errors. For example, 10. If one member believed the other violated a Visa rule when handling a chargeback, they filed a pre-compliance chargeback for compensation. For example, American Express has more than a dozen retrieval request reason codes while Discover only has four. prenotification of chargeback, depending on the chargeback reason code, to the agency requesting additional documentation to properly dispute and remedy the chargeback. invalid merchandise cred chargeback req. Visa reason code 53 is used for Chargeback for Defective/Not as Described, and reason code 85 is used for Credit Not Processed. The major card networks have unique reason code systems, and banks use separate tools. While the updates have been published, they do not go into effect until Oct. Collect Compelling Evidence. ; Resources. Boy, are chargebacks a pain. Each card issuer follows their own standards for defining reason type, code and its format. 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. American Express. ↩ Back to Directory. Use pre-sale fraud detection service providers that can help verify the cardholder’s identity, detect potential criminal activity, and reduce the risk of accepting unauthorized transaction. Mastercard Chargeback Reason Code 73: Duplicate Transaction. See the list of reason codes below: Card Network. High-Risk (Excessive): Reaching a chargeback ratio of. A chargeback happens when a customer requests for a transaction to be reversed. 3. Additionally, Amex uses a fifth "Miscellaneous" category. Bank of America issues both Mastercard- and Visa-branded cards, so the exact requirements may vary depending on the Mastercard reason code or Visa reason code . One catch is that CE3. Chargeback fees make up a big chunk of the total costs, so we’re going to take a. message. Choose “chargeback and inquiry status” from the drop-down menu. It gets worse. American Express . This code collects all the. up under any number of different chargeback . Batch chargeback process. Importance of Chargeback Reason Codes CODE: DESCRIPTION: A01: Charge Amount Exceeds Authorization Amount. It’s important that you include a copy of your customer terms and conditions in order to prove that the customer knew what to expect from the outset. U Express chargeback reason id M01 falls under the “Inquiry/Miscellaneous” category. Chargeback management describes all of the ways in which merchants can deal with fraud and disputes that result in payment reversals. Chargeback amount is equal to or less than the exceeded limited /authorised amount. Chargeback Reversal Expired: S04: Reversal Request Denied: M01: Chargeback Authorization: M04: Deal Direct: M10: Vehicle Rental—Capital Damages: M11: CM. If a customer makes a chargeback request on the basis that he or she has not authorised the transaction, the customer's bank will charge the transaction back to the merchant’s bank. Chargeback. 1st Chargeback. Specifically, these updates only pertain to transactions that are charged back after Oct. If you're contesting a chargeback, you'll need solid evidence. Once filed, the merchant generally has 20. Blog and Articles; Success Stories; Chargeback Reason Codes; BIN Look-up; eGuides the Reports; Webinars; Knowledgebase; Online; Partners. reason codes. By entering your email, you agree to receive marketing emails from Shopify. Duplicate Processing - 81Some Mastercard reason codes (4808, 4870, and 4871) proceed directly to arbitration if the issuer does not accept the merchant's representment. Managing Reason Code 57 chargebacks. 10. M01. Either the acquiring or issuing bank could initiate the chargeback. 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. Chargebacks are a major threat to businesses big and small. As we touched on earlier, chargebacks can happen due to technical errors. 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. Offer shipment and delivery tracking. The notification will also specify the terms of the agreement under which Amazon Pay will assist you in handling the chargeback. P03 – Credit Processed as Charge. Additionally, Amex uses a fifth "Miscellaneous" category. Assemble Your Evidence. 144. 4. It’s doable – a chargeback is not an ultimate revenue loss at face value. Reason codes vary by card brand. P01 Unassigned Card Number; P03 Credit Processed as Charge; P04 Charge Processed as Credit; P05 Incorrect Charge Amount; P07 Late Submission; P08 Duplicate Charge; P22 Non-Matching Card Number; P23 Currency Discrepancy; Discover chargeback codes A chargeback reason code may display a chargeback related to fraud, processing errors, consumer disputes, or a variety of other reasons. Chargeback Reason Codes; BIN Lookup; ROI Tool; Company.