| Term | Definition |
|---|---|
| Chargeback Notifications |
Chargeback notifications are messages a merchant receives informing them that a chargeback has occurred or will soon occur. Standard notifications are sent by the issuing bank when it initiates a chargeback, informing the merchant's acquirer of the situation. Merchants who use chargeback alerts can be notified of impending chargebacks before they occur, giving the merchant time to preempt them with refunds. Read more >>> |
