Arbitration is a mechanism and process for resolving banking/monetary disputes between merchants and shoppers.

If the issuing bank disputes a representation from the acquiring bank, the card issuer may file for arbitration with Visa/Master. In arbitration, Visa/Master decides which party is responsible for the disputed transaction. In most cases, Visa's or Master's decision is final and must be accepted by both the card issuer and the acquirer.

During arbitration, Visa/Master reviews all information and documentation submitted by both parties to determine who has final liability for the transaction. If some countries, these cases can also be referred to the relevant government or monetary authorities.

Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Average Order Value (AOV)
Annual Recurring Revenue (ARR)

Related Posts



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Thursday, 13 June 2024