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A transaction that has been returned by an issuer to the acquiring bank because it has been disputed by the cardholder and/or found to be improper by the issuer. The acquiring bank will deduct the value of the chargeback from the merchant's bank account or dispute the chargeback after consulting the merchant.
E-Clear (UK) PLC, not only offers secure and reliable credit and debit card payment services, but also provides the risk management solutions that give businesses the cutting-edge technology they need, to secure and maintain successful growth and development.
For further information please click on: Online Credit Card Processing, or call us now on: +44 (0) 20 7887 6216 where our friendly team will be more than happy to assist you with your enquiry.
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