A Guide To Chargebacks: Recover Your Funds After A Scam

It is disheartening to lose your money to an unscrupulous organization or individuals who claim to offer certain services or products that you may need. Unfortunately, so many people have fallen to scams over the past years to such deals. The worst part, the funds that have been lost to these scams have still not been recovered. Chargebacks can be a money return to a payer of some transaction, especially a credit card transaction. Most online scams require payment through the use of a credit or debit card. It is a mechanism to ensure people can get their monies refunded after a false transaction has been made. Chargebacks can be granted to the individual who applies for it for some primary reasons. First, a chargeback reversal is based or governed by Regulation E in the Electronic Fund Transfer Act in a debit account. When it comes to chargebacks in a credit account, they are governed by Regulation Z of the Truth in Lending Act. Second, the chargeback period may take days to weeks, depending on the amount to get a full refund. Third, it must go through various entities electronically.

In the following write-up, we would be looking at a step-by-step guide on getting a chargeback on monies you have paid out only to realize you have been scammed. 

The effect scams / frauds have on victims.

Scams/frauds are the worst betrayals and violations of trust – they go beyond the loss of funds. As a result, many victims suffer from social problems such as loss of reputation, vulnerability, isolation, and exposure. In addition, fraud impacts a victim’s mental health, resulting in anxiety, depression, and suicide. Of course, nobody plans to be scammed; it is not your fault, and Payback Complaints wants to help you get back on your feet.

The truth about chargebacks

One crucial point to note when getting a refund is that your request might be successful or not, depending on the mode of payments you used in the transaction. It is because different modes of transactions come with their difficulty when trying to get a refund. So we would look at these various modes of transaction payments and get a chargeback when scammed through them. Unfortunately, there is a greater chance that the bank will reject your request for a refund. Why? Because banks will make it your fault. That is why you need Payback Complaints recovery experts to guide you through the process and get your money back. With us, you have a greater chance of success. Contact us!

using mobile phone device for pay online

A Debit card

It is one of the standard modes of transactional payments and is often faced with scams. When a false payment is made from your debit card, the right thing to do is inform your bank to keep them aware of what has occurred. Banks have a scheme or policy to cover such matters, and these schemes may come to force when you invoke or request them. For example, chargebacks on debit accounts apply to all forms of transactions made, but this may vary with various debit companies.


The most used form of payment in Europe is when making any form of buying or selling online. The PayPal organization has a Buyer Protection policy that seeks to help users who have been scammed through this mode of payment but to a certain degree. In some instances, one can pay for a good bought online but will not get the goods delivered; the Buyer protection comes into force. In the case of a seller where goods are provided and payment received, the customer who wants to scam you claims nothing has been received. In this situation, PayPal makes space for a PayPal Sellers Protection.


Losing your money to a scam when you have paid cash has been challenging to get a refund. It is because finding the scammer after a while with your money can be nearly impossible. Unfortunately, MoneyGram, Western Union, and other money transfer means have not been left out of various scamming activities. One of the best solutions is to report to the Police. They may try their possible best either to get hold of the scammer or to recover your money.

Credit Card

So far, getting a chargeback on a scam made through your credit card is much easier, unlike the others. The Consumer Credit Act, under section 75, allows you to lay claims for a refund when you have made a payment for specific goods and have not received them. This act makes the credit card company responsible for any fault or scam that might have occurred when you used their credit card for a transaction. The Act can enforce protection up to a certain point and by the type of scam you face.

Are you a victim of wire fraud? Contact Payback Complaints today

If you or someone you know is a scam victim, we ask that you act fast by contacting us because the time frame is essential and every day counts. Luckily for you, we have wealth recovery professionals on our team who know exactly how to get your money back in the shortest time frame. We are experts in the chargeback process, and we will retrieve all funds stolen from you. So contact us with details of your transactions and dealings with the scammers and leave the rest to us.

We will help you recover your funds and your life back.

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