Visa Chargebacks. If We reverse the Chargeback and represent the transaction to the Card Issuer, the Card Issuer, at its sole discretion, may elect to submit the matter for arbitration before Visa. Visa currently charges a $250 filing fee and a $250 review fee. If a decision is made in favor of the Cardholder and/or Card Issuer, and the Chargeback is upheld, You will be responsible for all such fees and any other applicable fees and penalties imposed by Visa, as they may change from time to time. Such fees and penalties will be debited from Your Settlement Account or settlement funds, in addition to the Chargeback.
Appears in 3 contracts
Sources: Merchant Terms and Conditions Agreement, Merchant Terms and Conditions Agreement, Merchant Terms and Conditions Agreement