UPI Merchant Chargeback

byPaytm Editorial TeamLast Updated: November 14, 2025

Meaning

UPI Merchant Chargeback happens when a customer disputes a transaction, and the amount is reversed from the merchant’s account after verification.

Reason

Common causes include wrong debit, technical error, or failed service delivery.

You May Also Like

UPI MandateLast Updated: July 18, 2025

Meaning A UPI Mandate is a pre-approved instruction that allows automatic debit of funds from your bank account…

UPI Device UnbindingLast Updated: October 21, 2025

Meaning UPI Device Unbinding removes the link between a UPI account and a mobile device, usually during device…

Locker FacilityLast Updated: December 12, 2025

Meaning A Locker Facility is a secure storage service offered by banks where customers can keep valuable items…

Collect RequestLast Updated: July 11, 2025

Definition A Collect Request is a UPI feature that allows a user to request money from another user.…