Chargeback Definition
A reversal of a transaction, resulting in the loss of a sale and commission for the affiliate.
A chargeback occurs when a customer disputes a charge with their credit card company, resulting in the reversal of the transaction. Affiliates lose commissions on chargeback transactions.
High chargeback rates can indicate fraudulent activity or customer dissatisfaction. Both affiliates and merchants aim to minimize chargebacks through honest marketing and quality products.