New Delhi, Feb. 11 -- Have you received products that are different from what you ordered or did not get it at all despite making the payment through your credit card? Have you been charged twice for the same product or been the victim of a fraudulent transaction? You can file a chargeback with the card issuing bank to reverse the transaction.

A credit card chargeback happens when you make a request to reverse a transaction and return the funds used for a purchase. Credit card chargebacks are useful when you actually do not spend the amount or have been provided with the wrong product/service. Card issuing banks follow a clearly prescribed process for chargebacks. Here is a guide on how chargebacks work and the steps involved in the proc...