representment

5
05, 2022
provisional credit reversal

What is a provisional credit? Things to know about provisional credit reversal

Finance
By admin | May 5, 2022 | Finance

The bank may cancel any deposits to the Operating Account until the deal closes and is no longer susceptible to chargeback by the Issuer, Account holder, or Affiliates. Even if an Issuer confirms that the transaction is lawful, the bank may delay payment to a merchant until that merchant has provided sufficient proof of validity […]