Card Issuer Disputes Reporting Requirements 
Nanonets
OCTOBER 15, 2023
When a customer makes a purchase using a credit card, the payment processor forwards the transaction information to the acquiring bank, which then deposits the funds into the merchant’s account. Chargebacks occur when a customer disputes a charge with their credit card issuer.
Nanonets
MAY 7, 2024
Credit Card Reconciliation : Similar to bank reconciliation, credit card reconciliation involves reconciling credit card transactions recorded in the company's accounting system with the credit card statements received from the credit card issuer.
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