Any Merchant’s TPP we have an existing platform developed or (Equivalent chargeback web platform) we can receive a notification from the Issuing Bank. Certain % of Chargebacks can be rejected ans they must obtain requested docs for the Merchant.
- Each reason code will determine the length of time needed for financial responsibility to be assigned to the Issuer.
- An estimated 15-33% of disputes will immediately be able to be challenged.
- If bank fulfills our challenge request the original dispute is filed again with a new case number and original ARN.