Chargeback

A chargeback refers to a transaction that has been returned by an issuer to the acquirer because it has been disputed by the cardholder and/or found to be improper by the issuer. The acquiring bank will deduct the value of the chargeback from the merchant's account, or will dispute the chargeback after consulting with the merchant.

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The PsiPay platform

At the heart of our offer is a suite of  products consisting of a virtual current account; a rules based fraud detection engine; a flexible use debit card and a virtual Mastercard.

Learn more about the PsiPay platform

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PsiPay is authorised by the Financial Services Authority as a specialised electronic money issuer.

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