Business Terms and Jargon Explained

What is Chargeback

When retailers accepting payments via credit cards and the card is stolen, the real card holder does not lose out as there is protection given by the credit card companies. The credit card companies will chargeback the funds from the retailer if the customer follows their procedures.

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Seigniorage N218 Civil Court form Aggregate Demand
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Term created / updated 2019-07-02 10:15:08

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