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Chargebacks

Chargebacks are a consumer protection mechanism in the world of financial transactions, particularly for credit and debit card purchases. For businesses, especially in e-commerce, managing and minimizing chargebacks is crucial for maintaining profitability and good standing with payment processors.

Chargebacks are a consumer protection mechanism in the world of financial transactions, particularly for credit and debit card purchases. For businesses, especially in e-commerce, managing and minimizing chargebacks is crucial for maintaining profitability and good standing with payment processors. For consumers, it’s an important protection against fraud and unfair practices, but should be used responsibly.

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