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MULTI-PARTY PAYMENT CARD PROCESSING SYSTEMS AND METHODS WITH FOREIGN EXCHANGE TRANSACTION DETECTION AND CHARGEBACK LOSS MITIGATION
MULTI-PARTY PAYMENT CARD PROCESSING SYSTEMS AND METHODS WITH FOREIGN EXCHANGE TRANSACTION DETECTION AND CHARGEBACK LOSS MITIGATION
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机译:具有外汇交易检测和拒付损失减轻功能的多方付款卡处理系统和方法
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摘要
An electronic payment card processing system and method includes at least one computing device in communication with a multi-party payment processing system and network for processing payment card transactions. The computing device receives transaction data for a plurality of payment card transactions identifies foreign exchange transactions based on the received transaction data, and applies a chargeback loss mitigation rule to filter a chargeback request for a disputed transaction charge that relates to an identified foreign exchange transaction, thereby preventing an unnecessary chargeback for the foreign exchange transaction.
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