July 23, 2024 | 8 min read
Arbitration Chargeback
This article is about the complexities involved in the chargeback process, particularly focusing on arbitration. It explains that once a chargeback reaches arbitration, it is managed by the card network, and the decision made is binding for all parties involved. The document highlights the high costs and fines associated with arbitration, which can deter merchants from pursuing this route. Instead, the article advises on the importance of preventing chargebacks altogether to avoid the complications and expenses of arbitration.
Chargeback Representment