Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transa

Chargeback is a mechanism by which a cardholder claims the merchant and calls the credit card issuer to dispute a transaction . Cardholder may have various reasons to raise a dispute against the transaction like: goods and services never supplied to the customer, defective merchandise received by customer, refund not processed to customer, merchant used expired card and so on.

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