As a VISA issuer you are contractually obligated to assist your cardholder if they have satisfied the chargeback requirements. VISA chargeback code 30 "Merchandise not received" requires that a chargeback dispute document the cardholder's efforts to resolve with the merchant and the merchant's response (or lack of response.) The chargeback cannot be filed for 15 days after either the transaction date or the promised delivery date whichever is later.
Also see VISA Rule 1.11.1.2 Attempt to Settle regarding your obligation to your customer.
Before initiating a Chargeback, the Issuer must attempt to honor the Transaction.
If the attempt fails and the Issuer has already billed the Transaction to the Cardholder, the Issuer must
credit the Cardholder for the Chargeback amount.
An Issuer must credit its Cardholder's account for the amount in dispute, whether or not a Chargeback
was initiated, if the dispute involves an Electronic Commerce Transaction that meets the conditions of
any of the following Chargeback reason codes:
â— 30 (Services not Provided or Merchandise Not Received)
â— 41 (Cancelled Recurring Transaction)
â— 53 (Not as Described)
◠83 (Fraud – Card-Absent Environment)
â— 85 (Credit Not Processed)
_________________________
Sola Gratia, Sola Fides, Sola Scriptura, Solus Christus, Soli Deo Gloria!
www.tcaregs.com