Verified65% confidenceFactExact time
The chargeback mechanism was first established in the U.S. Fair Credit Billing Act of 1974, allowing cardholders to apply to their issuing bank to reverse a payment, typically within 60–120 days.
3
Sources
65%
Confidence
Long-term
Relevance
7/19/2026
First Seen
Sources
Related Claims
UnverifiedChargeback制度起源于1974年美国《公平信用账单法》83% similarVerifiedChargeback is a dispute resolution mechanism established within the credit card network system to protect cardholders, institutionalized and standardized by international card networks such as Visa and Mastercard.76% similarUnverifiedA chargeback is a transaction dispute initiated by the cardholder directly with the issuing bank bypassing the merchant; the bank temporarily freezes the disputed amount and requires the merchant to submit evidence within a deadline, otherwise it forces a refund and debits the merchant.68% similar
Cite This Claim
Stable URI
https://kongchang.com/claim/558124API
curl https://kongchang.com/api/v1/knowledge/claims/558124MCP
get_claim(id=558124)