Chargeback
A chargeback returns funds to the cardholder and charges the merchant a fee. In gambling, disputes typically arise from genuine fraud, family members…
A chargeback returns funds to the cardholder and charges the merchant a fee. In gambling, disputes typically arise from genuine fraud, family members using another person's card, or 'friendly fraud' where a player disputes losses.
High chargeback ratios threaten a merchant account, so operators use pre-emptive KYC, card verification and deposit limits to keep rates within acceptor thresholds.
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