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What are the steps to initiate a chargeback on a digital currency payment?

avatarChapman ChenDec 18, 2021 · 3 years ago3 answers

I want to initiate a chargeback on a digital currency payment. What are the steps I need to follow?

What are the steps to initiate a chargeback on a digital currency payment?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    To initiate a chargeback on a digital currency payment, you should first contact the merchant or platform where you made the payment. Explain the situation and provide any evidence or documentation that supports your claim. They may require you to fill out a chargeback request form and provide additional information. It's important to act quickly and provide all the necessary details to increase your chances of a successful chargeback.
  • avatarDec 18, 2021 · 3 years ago
    If you're unable to resolve the issue with the merchant or platform, you can contact your bank or credit card company to initiate the chargeback. They will guide you through the process and may require you to provide evidence of the transaction, such as receipts or communication with the merchant. Keep in mind that chargeback policies may vary between different banks and credit card companies.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we understand that chargebacks can be a frustrating experience. If you have made a digital currency payment through our platform and need to initiate a chargeback, please contact our customer support team. We will assist you in the process and provide the necessary guidance. However, it's important to note that chargebacks may not always be possible or guaranteed, as they depend on various factors and the specific circumstances of the transaction.