A transaction disputed by a customer is known as a credit card chargeback. Unauthorized transactions, goods never delivered, and disagreements on the delivery of goods or services are just a few of the many varied circumstances that can result in chargebacks. There are many examples of friendly fraud, wherein consumers request chargebacks despite obtaining the goods or services advertised for a charge they authorized, even though these disputes are occasionally valid. A transaction disputed by a customer is known as a chargeback.