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Disputing a charge on a credit card is also a very different experience from using debit. "In a credit card dispute, the credit card issuer may issue a chargeb
by chasil 3y ago
Disputing a charge on a credit card is also a very different experience from using debit.
"In a credit card dispute, the credit card issuer may issue a chargeback, which means that the disputed funds are taken from your merchant account and returned to the cardholder. With debit card disputes, the disputed funds are typically frozen in the cardholder's account until the dispute is resolved. This means that you may experience a cash flow impact with credit card disputes, while debit card disputes may have a more immediate impact on the customer's access to their funds."
https://www.chargeflow.io/blog/credit-card-dispute-vs-debit-card-dispute https://www.chargeflow.io/blog/credit-card-dispute-vs-debit-...
- donkeyd 3y agoYeah, debit disputes hardly every happen. Debit over here is only used with a card present that has a chip. Any transaction over €25 (I think) requires a code. Skimming is virtually non existent and 'card not present' debit transactions don't exist. Like I said, it's a very different world when it comes to payments over here. Apps like Cash App of Venmo are also don't really exist, for example, because banks already provide similar functionality in their apps without transaction fees.