Thread: Visa chargeback
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Old 18-11-09, 18:30   #3 (permalink)
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Default Re: Visa chargeback

Quote:
Originally Posted by Hardley A Davidson View Post
..and what if the supplier has gone bust (e.g airline tour operator)...any ideas???
If you read the post it says its the banks that make the refund not the airline that goes bust. David
The process is called Visa Debit Chargeback, and, as the name suggests, is a procedure in which the banks will ‘charge back’ the value of the original transaction directly from the supplier’s bank, and pass this amount on to you.
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Last edited by fixer; 18-11-09 at 18:47.
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