Transaction Dispute

A transaction dispute occurs when a buyer and seller disagree about a transaction, commonly involving issues like unauthorized charges, incorrect amounts, or faulty products/services. For example, if you notice a charge on your credit card that you didn't make or if a product you ordered was damaged, you can dispute the transaction with your bank or the merchant. This process often involves providing evidence to support your claim, and it typically requires the financial institution to investigate and resolve the issue, ensuring fair practices in financial transactions.