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Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
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Chargeback Fee A fee charged when a customer disputes a charge. Bank Accounts & Settlements Merchant Account A special account used to receive card payments. AVS (Address Verification System) Verifies the billing address matches the card. CVV (Card Verification Value) The 3-digit number on the back of a card.
As the preferred method for many, debit card transactions offer convenience, security, and immediate fundtransfers, making them integral to modern commerce. Businesses that learn the ins and outs of debit card processing can better accommodate their customers’ preferences and rationalize their financial procedures.
It also enhances security, as modern contactless payment options like digital wallets and chipcards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. How do I handle disputes over payments? How do I handle disputes over payments?
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