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Title: Chargeback Method Understanding The Chargeback Pre-Arbitration Process - PowerPoint PPT Presentation
Description: In case the cardholder presents a reasonable statement, the issuer begins the chargeback process so as to provide the cardholder with his claim. During the conduct of the chargeback process, the card issuer obtains funds from the respective brand, to which the payment was made, and gives it back to the cardholder. Even though it is considered a fraud by most of the brands, it is still a legal process. – PowerPoint PPT presentation
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