07 Jun 2022 By PAYCEC
When a cardholder disputes a merchant charge, a chargeback occurs. The value of the transaction is subsequently debited from the merchant's account by the issuing bank. Even if a chargeback is reversed, the issuer will charge the merchant a fee and the merchant may be subject to extra fines and penalties.
If you need further assistance or answer, please don't hesitate to contact us.
We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.