Wednesday, December 31, 2008

Re-presentment

Re-presentment is a chargeback that is rejected and returned to a card issuer by a merchant bank on the merchant's behalf. A chargeback may be re-presented, or redeposited, if the merchant or merchant bank can remedy the problem that led to the chargeback. To be valid, a re-presentment must be in accordance with regulations established by the Credit Card Associations.

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