3 is part of an updated and expanded revision of the legacy codes that indicated fraud, codes which were phased out under the Visa Claims Resolution initiative. Acquirer Use of Message Reason Code 7623. The shorthand description is “No Authorization. Merchants who receive a chargeback for a transaction placed with an American Express card may encounter reason code F29, which indicates an unauthorized transaction that the cardholder does not believe they should be responsible for paying. As both a card network and an issuer, American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. The sales slip must include both aUA01 Fraud – Card Present Transaction. The other two chargeback reasons can be traced to very obvious causes — criminal activity and merchant mistakes. Visa has recently announced changes to its chargeback rules. 06%: 1. The transaction was recurring and the cardholder failed to meet the cancellation terms of the. 1? Chargeback reason code 11. Prevention strategy: Implement EMV chip card technology to reduce the risk of fraudulent card-present transactions. The chargeback reason code. Each card issuer follows their own. Step 1: Identify the Source. Chargeback Reason Codes by Industry. From there, a merchant can accept the chargeback or take action through the representment process to attempt to have the chargeback reversed. Time and Labor. Each bank card network has its owner list of reason codes banks must prefer from. © Chargeback Reason Codes All received credit card disputes include a reason code. A reason code is how banks categorize the reason for a chargeback. While the format of chargeback reason codes. American Express Chargeback Codes (2023) American Express functions as a card network and an issuing bank. 4870 – Chip Liability Shift. United States. In both instances if the Merchant wishes to withdraw from an arbitration case, Visa will charge the amount of 500. Code 13. A dispute often has a reason code associated with it. Apparel retailers and suppliers must proactively address chargeback issues. Code 10. A reason code is an alphanumeric string of text an issuing bank attaches to a chargeback dispute to explain its cause. Below are some examples of more common reason codes. Reason Codes: 24 / 25 / 30 / 34 / 59 / 82 Cardholder denies making CARD PRESENT transaction Make sure all transactions are magnetically swiped or imprinted. discover chargeback reason codes. #9. Services industry for image exchange and the creation of IRDs. When one cardholder initiates a dispute with their issuing. Key-in your chargeback reason code and get a detailed explanation of what it means, how to fight the chargeback, and how. FR4 Immediate Chargeback Program. This is commonly caused by either true fraud or friendly fraud. In general, the unauthorized use of a parent’s credit card by a child is not considered a legitimate reason for filing a chargeback, since it is not criminal fraud, and the customer received the purchased goods or services. At their core, false declines are legitimate transactions that get blocked on the suspicion of fraud without any fraud actually occurring. There are two parts to this. Unlike other. Visa chargeback reason code 75 is filed as an honest mistake. These symbols stand for reasons why a financial institution may file a credit card chargeback from their client’s name. Each card issuer follows their own standards for defining reason type, code and its format. Additionally, one clearing transaction. Depending upon the class, a retailer will have a swift way to offer evidence supporting the claim. Credit card authorization is a notification given by a credit or debit card issuer (i. Credit card chargeback reason codes broken down by Mastercard, Discover and American Express Visa chargeback reason codes. AMERICAN EXPRESS CHARGEBACK CODES 34. These codes are currently defined within the ANSI X9. 3. This reason code indicates the cardholder had reason to believe they were going to receive a refund, but no credit to their account has been processed. Make sure you differentiate between card-absent and card-present transactions during clearing by noting internet phone, or mail orders. 60 due to merchandise, fees, overhead, and other sources of loss. Chargeback Code Authorization Errors; A01: Charge Amount Exceeds Authorization Amount: A02: No Valid Authorization: A08: Authorization Approval Expired:. Code 34 – will be renamed 'Point of Interaction Error' and will be used for the following issues: 31 Transaction amount differs; 34 Duplicate processing; 42 Late presentment; 46 Correct transaction currency code not provided; Issuers have the option of using the existing chargeback reason codes or the renamed code covering a variety of issues. Paymentology will submit the chargeback using the appropriate chargeback reason code. Most Common Chargeback Reason Codes #3: Order Significantly Not as Described. 76 - Incorrect Currency or Transaction Code or * Domestic. Type. legitimate duplicate processing chargeback, do not issue a direct credit to the cardholder - the credit will automatically be applied. Some reason codes indicate a high likelihood of fraud, and instruct you to hold on to the card and contact the bank: 4 - Pick Up Card; 7 - Pick Up Card, Special Conditions; 33 - Expired Card – Pick Up; 34 - Suspected Fraud – Pick Up; 35 - Contact Acquirer – Pick Up; 36 - Restricted Card – Pick Up; 37 - Call Acquirer Security – Pick UpCardholder Disputes. 0 rule changes take effect April 15,. The following are reason codes for the same scenario: Visa: Reason Code 30 Services not provided or merchandise not received. Code 81. And most go about it indirectly. The time limits for responding to a chargeback also vary based on the card scheme and the chargeback reason code. As we touched on earlier, chargebacks can happen due to technical errors. Reason code 4853 falls under the broad category “Cardholder Dispute,” meaning the cardholder is saying something about the transaction is wrong. 4? Visa chargeback reason code 12. The newer system is designed to. Reason codes are very crucial to assist. The shorthand description is “Goods/Services Returned or Refused. Fight; Prevent;. 16, 2021. Then they instruct the merchant’s acquiring bank to reverse the transaction and withdraw the funds from the merchant account. This code applies when a cardholder claims to have returned merchandise or cancelled services, but the credit did not appear on the cardholder’s monthly. Always ask for authorization regardless of the transaction amount. About Us; Careers We're hiring! In The Press; Latest News; Events; Corporate Responsibility; Brand Resources; Contact Us. Accessed October 31, 2022. If you do perform a key-entered transaction, make a manual imprint of the card. In Merchant News and Info, Credit Card Processing Chargebacks are a part of business life. Identifying the chargeback reason code and the evidence required to fight it is the first step in chargeback representment, and analyzing your. 195 Acquirer Use of Message Reason Code 7627-Face-to-Face or CAT Level 2 Transac tion. But, merchants should be aware that, eventually, everyone will. 3. As a merchant, your focus should be on finding and retaining customers--not chargebacks. ), confirming that the cardholder has enough funds or available credit to cover a transaction they're making with their card. Discover: Reason Code 4755 Non-receipt of goods or services. At Visa they used to receive reason code 98. Each American Express reason code consists of one or more letters, indicating the category, and a number that identifies the. For example, a shopper bought some goods and paid for these on the 14th of October 2017: this is the date that appears as the Disputed date. A smarter, simpler way to stop fraud. Dispute Reason Code: A specific code associated with the reason given by the buyer for initiating the chargeback. ”. Please refer to chapter 5 for more information. Reason Code. This chargeback reason code is also referred to as “Point-of-Interaction” Errors. Visa requires processors and banks use to this system for multiple tasks, including challenging initial chargeback results. A chargeback happens when a customer requests for a transaction to be reversed. It is associated with a chargeback reason code and it is specific per Card Scheme. 3. What is American Express chargeback reason code F30?. Ensure you’ve fully reviewed the chargeback reason code before writing your chargeback rebuttal letter. The cardholder may be the customer or the someone who lent their card to a friend or relative. The most popular type of disputes of the chargeback category. FR4 Immediate Chargeback Program. . And. Clerical Services industry for image exchange and the creation of IRDs. 10/21/14 Updated Chargeback Time Frames: Added Reason Code 05; Addendum Reason Code PM; Changed TF time frame from 120 days to 540 days. Know these five rules to avoid payroll blunders triggering fines, penalties and IRS audits. For example, Mastercard has a code which indicates a ‘consumer dispute. These chargebacks occur to resolve chargeback-related disputes between network members. This code is used when the cardholder claims that they returned merchandise, but the merchant did not provide them with a refund or replacement. All ACH return reason codes consist of the letter “R” followed by two. Major card networks including Visa, MasterCard, Discover and American Express have different reason code systems. Specify the invoice date and net due date that you want the system to assign to chargebacks. 9808 info@chargebacks911. A chargeback is the reversal of a sale transaction that arises from a processing technicality, a customer dispute or fraudulent activity. A credit card chargeback is when a bank returns money to you because a credit card charge was fraudulent or you bought something online that wasn’t delivered or was. For information concerning Chargeback Response Code, see the Chargeback API Reference Guide. In Merchant News and Info, Credit Card Processing Chargebacks are a part of business life. Older time limits for disputes vary based on reason code; in many cases buyers have 120 days after a purchase to file a chargeback. The shorthand description is “EMV Counterfeit. Using our e-commerce fraud prevention tools, we help lower friendly fraud costs and chargeback rates, but also reduce gift card and coupon abuse, and promote secure login authentication. Mastercard chargeback reason code 4831 falls under the “Point-of-Interaction Error” category. Values are: Blank: Use the receipt G/L date. In the case of friendly fraud, that reason could be completely invalid and. As both a card network and an issuer, American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. Proof you have already refunded the transaction and credited the cardholder’s account. Spot these types of chargebacks using the below reason codes. Chargeback Reason Code. Major card networks including Visa, MasterCard, Discover and American Express have different reason code systems. Chargeback time limits vary widely depending on the issuing bank, and the chargeback code or reason. ”. Then, the crook attempts to trick the victim into disclosing personal account information (account number, routing information, SSN, etc. Duplicate Processing - 81Most acquiring banks put a timeframe on when customers can initiate a chargeback for a purchase. Try Shopify free for 3 days, no credit card required. 1, 5 January 2016. Every of the major card brands, the inclusion of Visa, MasterCard, and others, has its acknowledged system of reason codes. Required Authorization Not Obtained. ) A no-nonsense summary of evidence that proves transaction is legit. RR - Retrieval Request MID - Merchant Identification number PA - Pre-arbitrations NOTE: PayPal often cites reason codes from card34: Item buyer dispute amount: Type: Varchar; Unique: No; Blanks: Yes; Max length: 64 characters;. 4849 – Questionable Merchant Activity – Mastercard Rule 3. S. . com. Here are some chargeback reason codes by card type. We would like to submit compelling evidence that the purchase was legitimate. Visa ® has launched the CE 3. There are several reasons why an issuer might decline a transaction. Get your complete. Chargeback prevention strategies vary based on the reason for the. 1. If you did not receive the email, open Mave, Wave’s automated chatbot, and. Below is a full list of reason codes that require compelling evidence: 37; 83; 1040; 1310; 7030; C08; F29; UA02; Empty reason codes; If a dispute has any other reason code, there are no specific evidence requirements, and the evidence does not need to be categorized. Suspected fraud is a common reason, as is insufficient funds in the cardholder’s account. As both a card network and an issuer, American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. *These networks do not have specific reason codes assigned to dispute; however, any retrieval that is received without a reason code will be assigned a default code of 1. However, it is important to note that this reason code is based on the reason given by the customer to their bank. 43 Reason Code 73: Expired Card. This Chargeback Reason Code has to do with all. Different card networks have different reason code systems. Vantage HouseUse fallback options—like manually entering transaction data—as a last resort. Here’s a comprehensive list of Mastercard chargeback reason codes that you might see on your screen: 4807: Warning Bulletin File. Mastercard Chargeback Reason Code 73: Duplicate Transaction. 34: 0. Let’s say you got a Visa chargeback with reason code 13. 4 may be able to represent the transaction and reverse the chargeback with the right compelling evidence. Did not issue a credit, because it does not accept returns, but did not properly disclose its return policy. As a merchant, you face the brunt of chargeback losses. 03%: AP: 21: 1. Below you will find the reason codes for the dispute events Chargeback, Request for Information (RFI), and Notification of Fraud (NOF). What Are Chargeback Reason Codes? Chargeback reason codes identify the general reason behind a chargeback. Reason Code. When filing a chargeback, the issuing bank chooses a reason code from the list for the applicable card network. mastercard chargeback reason code 34. Write customer-friendly policies. 3 applies when a cardholder claims a charge—made in a card-present environment—was. For example, Visa reason code 83 is one of the reason codes with several modifiers with which it’s associated. Updated these Visa Chargeback Codes: 30, 62, 85. Fraudsters can create counterfeit. 2=1020 etc. The aforementioned chargeback occurred on January 19, 20. Reason Code Directory. Table A-1 shows all possible values for the <response> and <message> elements. Examples, processing a transaction even after the subscription is cancelled, defective items delivered, non-delivery of sold goods and so on. Request for Information. The customer regrets their purchase. There are also a series of dates: Disputed date - This is the date the transaction in dispute took place. Chargeback reason code 10. To simplify this process, the situations that may qualify for a chargeback are broken down into designated “reason codes. Try Shopify free for 3 days, no credit card required. Table A-1 shows all possible values for the <response> and <message> elements. There are no format changes to the sales file specification; there are additional values added to the sales file to designate chip card transactions. Review your credit card processor’s policies to understand its chargeback dispute process. chargeback_settlement: The gross shows negative if the chargeback was resolved in the buyer's favor, and the funds return to the buyer. The code can be used in multiple specific situations; when necessary, an additional message will be provided along with the reason code to inform the merchant which particular type of chargeback. The chargeback transfers funds from the acquirer to the issuer. Both EFM and ECM measure compliance at the MID level. . 7: Defective goods and services: C32: RM: 13. 1=1010, 10. Identifying the chargeback reason code and the evidence required to fight it is the first step in chargeback representment, and analyzing your. As both a card network and an issuer, American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. 2. 11, 16. As both a card network and an issuer, American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. Select a tab to see the possible reason codes for each dispute event category, divided by scheme. The separation of the Return Reason About American Express chargeback reason codes. Reason codes are created by the major. For perspective, the next highest. The merchant did not receive any returned merchandise. Each card network maintains reason codes to cover all the disputes that qualify for. 00. While there are many chargeback reason codes, all chargebacks fall into one of three categories:M10 Vehicle Rental – Capital Damages. The business has the chance to refute the chargeback. Mastercard issuers use merchant advice codes to respond to authorization requests, and as a communication tool with merchants regarding a cardholder's account. Transaction Amount: Decimal 0. Therefore, the issuer may submit a chargeback for a Payment Transaction using the message reason code 4842 before the 30-calendar day presentment time frame normally required for this message reason code. Identifying the chargeback reason code or the proofs required to fight it is the first step in chargeback representment, press analyzing your. 1. What stands out about the Discover reason codes list, though, is most of the codes are alphabetically-noted rather than numeric. Contents AUSTRALIAN MERCHANT CHARGEBACK REASON CODES. This ranges anywhere from roughly 60 to 90 days after purchase. So the company has more incentive to side with customer during cardholder. Also, Ethoca Alerts only notify you of chargebacks that occur within the alert. Code Reason; 01: Requested Transaction Data Not Received: 02: Requested. Reason codes vary by card brand. Chargeback representment succeeds when you can present your rebuttal concisely and substantiate. ; Resources. France saw a drop of roughly 50% during the same period. The reason code. It’s a 3-digit alphanumeric shorthand attached to a returned ACH transaction explaining why an ACH transfer is reversed. Here’s how. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. The transaction amount and authorization number (ARN. With the chargeback code in hand, the merchant can now review the transaction. 11/03/15 Updated these MasterCard. This code applies when either the transaction was processed using an incorrect account number, or the transaction itself was not authorized. 3 Changed Discover Reason Codes to match what is shown in the UI. American Express chargeback reason code C31 falls under the “Card Member Disputes” category. Once you receive this notification, you have 11 days to submit a response. FACT: A quarter of online businesses are in the chargeback “danger zone. There are plenty of reasons as to why this would happen, hence the many. 0 is to make the chargeback process more efficient, transparent, and fair. 10 Tips to Prevent Fashion Chargebacks. Chargebacks911 offers the most comprehensive chargeback management system available, backed by the industry's only performance-based ROI guarantee. FR6 Partial Immediate Chargeback Program. Discover is a credit card network and an issuing bank—just like American Express. With that said, you still need to understand the reason codes with any chargebacks from Amex. Chargeback reason American Express reason code Discover reason code Mastercard reason code Visa reason code; Cancelled subscription: C28: NF: 4841: 13. 34 Chapter 2: Dual. 46 Reason Code 74: Late Presentment. [1] Sift. For merchants at risk of exceeding important chargeback thresholds, this cost is often well worth it. When a customer who's enrolled with 3-D Secure from their bank initiates a purchase, the tool will deploy during the. 3: Goods or services were not as described: C31: RM: 13. instead of chargeback reason codes Chapter 3—Dual Message System Chargebacks, Overview, Chargeback Message Reason Codes, First Chargeback: MTI 1442 Removed all references to chargeback message reason code 4802—Requested/Required Information Illegible or Missing as announced in Global Security Bulletin No. Provide exemplary customer service. By entering your email, you agree to receive marketing emails from Shopify. The cardholder’s bank assigns a reason code to each chargeback before sending it to the merchant. Complete Guide to Visa Compelling Evidence Update CE 3. For example, the dispute reason “Cardholder Does Not Recognize” is denoted under the Discover reason codes system as “AA. . Using the same link provided above, contact PayPal to report the scam. 12. 4507 Incorrect Transaction Amount Or Primary Account 04 Number (PAN) Presented. 5 Removed unused Visa (60) and Discover (4580) Chargeback Codes Added Section 1. Different systems are used to reverse purchases based on these codes. If the order was genuinely not as described, then the cardholder has a case. The issuer generates a claim, then transmits it to the merchant’s acquirer, as well as to Visa, as a means of noting all reported fraud incidents tied to the merchant. Chargeback reason code 12. Identifying the chargeback reason code and the evidence required to fight it is the first step in chargeback representment, and analyzing your. But if your chargebacks Win Rate is above that percentage, then ensure that your Return on Investment (ROI) index is over 50%. Despite all the rules and guidelines, the outcomes of the chargeback process can be, at times, subjective, and can vary based on the scenario, merchant payment. 42 - Late Presentment. The Merchant Reviews the Partial Chargeback Claim. Please see the below “cheat sheet” for the new 4 byte reason codes. Because it’s so easy for customers to initiate a chargeback, retailers are bound to experience a request at. Chargeback Reason Codes All received credit card disputes include a reason code. Date Option. 634. Oftentimes, the reason code assignment is based on limited knowledge and insight. While the updates have been published, they do not go into effect until Oct. com. Thus, the easiest way to prevent chargeback reason code 75 from being. This section contains a list of codes and messages that the system can return in the response message for a payment transaction. Understanding chargeback reason codes is one of the most essential parts of effective chargeback management. Corresponding Retrieval Reference Numbers mapped for the same Card Number and ARN in Chargeback application. The scammer claims to be from the bank, and is seeking to confirm a specific transaction, which the victim denies. Chargeback Reason Codes Page 2 of 5. Administrative returns (R02, R03, R04): 3%. Spot these types of chargebacks using. On that note, below are some vendor missteps that could result in Visa reason code 13. 02/10/16 Added Debit Chargeback Reason Codes. Explaining Mastercard Reason Code 4859 - No Show/Addendum/ATM Dispute. 4: Other Fraud–Card-Absent Environment. Chargeback reason codes are alphanumeric codes established by the major card networks that indicate the reason a chargeback was filed. Chargebacks. Now, compliance cases must be submitted through Visa Resolve Online (VROL). For first chargebacks, Mastercard currently only has 9 reason codes in use, with a few others in the process of being phased out. In addition to Reason Codes changing as a result of the VCR program, each Reason Code is now associated with a new Reason Category. What is Visa chargeback reason code 12. 1: Use the corresponding dates from the invoice. The chargeback reason codes were created to standardize the list of acceptable reasons a bank may submit a card chargeback or a direct debit chargeback on behalf of its customer. Card authorization refers to the actual notification received by a merchant. Chargebacks—Maestro POS Transactions—added information to the section, Proper Use of Intra-European Message Reason Code 4808, about theThe standard chargeback process involves eight steps: Retrieval request: The card-issuing bank requests that the acquiring bank provide additional information for a given transaction. What is American Express chargeback reason code C08?. Create this form in 5 minutes! Use professional pre-built templates to fill in and sign documents online faster. These are only a handful of common Visa chargeback reason codes. A reason code will be provided. Description of Change Where to Look • Require cardholder letter, email or Expedited Dispute Form in first chargebacks for Cardholder Disputes reason codes involvingPlease note that the most common Chargeback reason code for Allocation disputes is 10. 1 EMV Liability Shift 10. 60 due to merchandise, fees, overhead, and other sources of loss. Follow the Rules. 4853 – Cardholder Dispute – Credit Not Processed. Step 4: Card Network Collects Dispute Information. If you accept credit cards, you accept that some customers will request refunds. Reason codes are alphanumeric strings of text provided in a chargeback notification as a means of explaining the cause for the dispute. Each of the major card brands, including Visa,. 1 to RC 11. American Express specifies 34 reason codes under the categories of Fraud, Authorization, Processing Errors, Card Member Disputes, and Inquiry/Miscellaneous. Try Shopify free for 3 days, no credit card required. This list was generated 5/4/2022. Here are some chargeback reason codes by card type. The new reason codes follow a format of two digits, a period, then a third digit. com shows that more than a. 02/10/16 Added Debit Chargeback Reason Codes. “Visa has 28 different reason codes. The shorthand description is “Goods/Services Damaged or Defective. Review your credit card processor’s policies to understand its chargeback dispute process. 3. 25%: 0. However, Visa is the largest card brand in both the United States and the world. Know these five rules to avoid payroll blunders triggering fines, penalties and IRS audits. In simple terms, Mastercard Chargeback Reason Code 4859 — No Show/Addendum/ATM Dispute refers to situations where a customer claims the services purchased from a merchant were not fulfilled. These codes are broken down into five different category. Automate Tasks & Streamline Processes to Improve Business. Choosing what compelling evidence to submit. Chapter 2 1. Updated these Discover Chargeback Codes: U05, U06. The initial release of this standard does not add, remove or change any Return Reason Codes. Unfortunately, it is pretty challenging to prevent friendly fraud. A TC40 data claim occurs when a customer makes a fraud claim against a merchant. 1. , as a result of a legitimate purchase of the Driving Manual from our online store drivingmanual. 4871 – Chip Liability Shift – Lost / Stolen / Never Received Issue. If they think it does, they assign it a reason code and credit the funds back to the cardholder’s account. Identifying the chargeback reason code and the evidence required to fight it is the first step in chargeback representment, and analyzing your. 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. What are chargeback reason codes? Issuers send chargebacks to the merchant’s acquiring bank with a reason code to communicate what caused it. Code. Specifically, it has introduced a Compelling Evidence requirement for disputes falling under the Visa CE/30 chargeback reason code. 6 General update and rebranding. 4808: This code can refer to: Account Number Not on File. The functionality of the Activity Report presented in greater detail on pages 34-48 in the following guide:. 1. Receive the Chargeback. There are a number of chargeback request codes that need to be submitted with each chargeback request. 195 Acquirer Use of Message Reason Code 7627-No MAC Provided. All 1. Example: If there is a known or suspected fraudulent transaction, the merchant can refund the money, or if there should have been a refund due to operational error, they can issue a refund to prevent a chargeback from occurring. Either the acquiring or issuing bank could initiate the. Chargeback reason codes are what tell a merchant why a customer is disputing a charge. “American Express Chargeback Reason Codes | Sift”. Assemble Your Evidence. The Late Presentment chargeback rights and language will be moved from chargeback reason code 4834 (Point of Interaction Errors) to reason code 4808 (Authorization-related Chargebacks). Thanks for following the Chargeback Gurus blog. But, it could be up to 540 days, in some situations. 04/09/14 Discover: DC, U02. You’ll see that all chargebacks ultimately stem from one of three causes: merchant error, criminal fraud, or friendly fraud. False Declines and False Positives: Issues arising from improper transaction reviews. The merchandise was as described or was not defective. Each American Express reason code consists of one or more letters, indicating the category, and a number that identifies the. 5 Removed unused Visa (60) and Discover (4580) Chargeback Codes Added Section 1. R13 No Reply. Chargeback management describes all of the ways in which merchants can deal with fraud and disputes that result in payment reversals. Step #2 | Report the Scam to PayPal. For MasterCard reason code 4853, provide documentation to support that the chargeback is remedied or invalid through one of the following: The transaction was not a recurring transaction. Merged with new RC 34 0 Transaction amount differs Merged with new RC 34 & Late Presentment Merged with new RC 34 D Correct Transaction Currency Code not provided Merged with new RC 34 . 195 Acquirer Use of Message Reason Code 7627-No MAC Provided. Reason Code 53 re-presentments must be processed within 45 calendar days from the. Some payment service providers like PayPal and Stripe have their own reason codes as well. related Chargebacks (Reason Codes 4837, 4840, 4849, 4863, 4870, and 4871), Chip/PIN Liability Shift (Reason Code 4871) section.