07 Jun 2022 By PAYCEC
A chargeback reversal occurs when the issuing bank decides to reverse the chargeback and restore the funds to the merchant after reviewing the evidence.
An issuing bank's acknowledgement that a transaction was lawful and that the cardholder's chargeback claim was invalid is known as a chargeback reversal. The bank will return the disputed funds if a merchant wins a chargeback reversal.
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