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Credit card processing for chargeback management is essential for businesses to handle customer disputes and chargeback requests efficiently. Chargebacks occur when customers dispute a credit card transaction and request a refund from the issuing bank. Chargeback management solutions assist businesses in resolving disputes, providing evidence to support valid transactions, and managing the chargeback process. By implementing effective chargeback management, businesses can reduce the financial impact of chargebacks, maintain positive relationships with customers, and avoid penalties from card networks due to excessive chargebacks. Secure credit card processing for chargeback management ensures that businesses can effectively manage and respond to chargeback requests while protecting their revenue and reputation.
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