| Term | Definition |
|---|---|
| Mastercard Excessive Chargeback Program |
The Mastercard Excessive Chargeback Program is a system for tracking the number of Mastercard chargebacks individual merchants receive and implementing corrective measures for merchants receiving an excessive number of them. Merchants whose chargeback ratio exceeds 1% may be enrolled in the program, which fines merchants if the problem isn't corrected within three months. Read more >>> |
