How to use a bank's chargeback facility to your advantage
A chargeback is the payment amount that is returned to a debit or credit card after a customer disputes the transaction or returns the purchased item
What’s the most compelling reason to pay for things with your credit card? The loyalty points and discounts? Yes, those are nice, but it’s the ability to lodge a chargeback dispute when you don’t get what you paid for that’s the real perk.
It’s a consumer protection mechanism globally offered by Mastercard and Visa via the banks that issue the credit cards...
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