PCM Issue Issuing & Acquiring -

THE UN-VIRTUOUS CIRCLE OF CHARGEBACKS

CHARGEBACKS HAVE BEEN part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost everyone ends up unhappy. Some of the parties also end up out of pocket. A chargeback is when a card payment is returned. This may [...]

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