Chargeback Fee
A Chargeback Fee is a charge imposed by the acquiring bank or payment processor to the merchant when a customer disputes a transaction and the funds are returned to the customer’s account. This fee is intended to cover the costs incurred during the dispute resolution process, including administrative expenses and handling fees.
A Chargeback Fee is a charge imposed by the acquiring bank or payment processor to the merchant when a customer disputes a transaction and the funds are returned to the customer’s account. This fee is intended to cover the costs incurred during the dispute resolution process, including administrative expenses and handling fees.
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