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09:20 May 18, 2002
English to Italian translations [PRO] Bus/Financial
English term or phrase:Charge-Backs
Many people try to defraud merchants by ordering items online, and then performing a fraudulent "charge-back" after they receive their merchandise. A charge-back is when a customer goes to their credit card company, claims that they did not authorize a purchase or that they didn't receive the merchandise and forces the charge to be reversed. This, of course, defrauds the merchant of the cost of the merchandise.