Definicja bill-back processing
A reverse billing process used to settle disputes between a cardholder and merchant.
The cardholder disputes the charges and petitions the clearing house for reimbursement of the charges paid. If the cardholder's claims are valid, the clearing house reimburses the cardholder and reverses the payment in the cardholder's favor. This occurs weeks or months after the initial payment.
Słownik i definicje SAPa na B.