What are the credit card chargeback merchant rights?

While chargeback policies generally prioritize the rights of cardholders, there are some key merchant chargeback rights, including:

• Chargeback amounts can not exceed the original transaction price
  
• Cardholders can’t file chargebacks for cash back debit card transactions
  
• Cardholders are required to attempt a return for “late delivery” chargebacks
  
• Chargebacks on returned items must have a 15-day waiting period before being filed
  
• Merchants are allowed to pursue representment on chargebacks that they believe are erroneous or illegitimate