Visa Chargeback reason code 72 is applied when merchant didn’t take approval before transaction, or obtained it after transaction date. You take approval before processing, right? If you have been accepting credit cards, you must have learned what will happen if you don’t. This reason code is assigned when transaction received was above merchant’s floor[…]
Chargeback reason codes apply to disputes, between a cardholder (customer) and a merchant, when the dispute has escalated to a chargeback. When a chargeback request is filed a chargeback reason code is assigned to the claim.