Merchants' credit card chargebacks rights

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 Chargebacks are made for the convenience of online buyers. But that does not mean that customers harm merchants by using this privilege. However, to prevent this, major credit card networks such as Visa and MasterCard introduced some credit card chargeback rights in the merchant’s favor. These rights comprise a chargeback reason code that implies customers need to deliver a valid reason for a specific chargeback, late delivery recoveries, purchase cost only, 15 days waiting period, no cashback online transactions, and chargeback determination. Merchants' chargebacks rights can help them from false allegations. Maintaining top-quality customer and technical assistance is advantageous. WebPays delivers multiple chargeback prevention features with its high-risk payment gateway Europe. Prefer WebPays and experience secure payment processing.

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