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What is the opposite of chargeback?

07 Jun 2022 By PAYCEC

The opposite of chargeback can be charge, fee, transaction, or payment.

When a cardholder doubts a transaction and asks their card-issuing bank to reverse it, this is referred to as a chargeback in payment.

A Payment Transaction is a placement, transfer, or withdrawal of monies initiated by the Payer or Payee.

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