What is chargeback pre-arbitration?

admin — Mon, 22 Aug 2022 06:14:57 +0000

What is chargeback pre-arbitration? admin Mon, 08/22/2022 - 06:14

Chargeback pre-arbitration is a stage in the chargeback process. It is the last step before potential arbitration in the process of a chargeback dispute. It is essentially the final opportunity the opposing parties and their banks have to resolve a dispute before the card brand steps in to render a final decision via arbitration. Not every card brand makes use of pre-arbitration and the brands that do, such as Visa and Mastercard, have their own, specific policies and procedures for pre-arbitration.

Pre-Arbitration

Pre-Arbitration

What is chargeback pre-arbitration?