Home » How do we define CHARGEBACK in the EDI world for B2B?
Chargebacks, frequently called “expense offsets,” because compliance issues caused by a supplier can interrupt the flow of sales for a retailer, resulting in extra working costs for the retailer. So, they will balance the unexpected charges on to the supplier. It has been a little of a moneymaker in recent years. Retailers have done stricter distribution windows, and other operations with light punishments. Chargebacks are financial fines for non-compliance with retailer guidelines and conditions or requirements. In other words, consumers charge you when you make an error. Each consumer has its own set of guidelines and conditions presented in their…Read More »