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Could mean a few things. Could mean you have sold something that the buyer never received and you were charged back for the money they payed you. It could also mean you cashed a check at your bank that was refused by the bank on which it was written and so your bank has charged you back with the money you received.

This is becoming a real problem for people involved in online auction selling as the charge-back is just applied on the say so of the buyer. Consequently, some people are receiving the goods then claiming not to have done so and getting a refund leaving them with the goods and the money. Even proof of delivery seems insufficient to reverse this decision and if someone says they didn't authorise the use of the credit card, the charge-back happens automatically. Seller beware as I speak from personal experience.

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12y ago

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