LIABILITY SHIFT. 9.1 In the event that the merchant has complied with all the merchant procedures as set out in clause 6 of this agreement, then the liability for any resultant chargebacks will shift from the merchant to the issuing bank.
9.2 In the event of the merchant not following the merchant procedures as set out in clause 6 and 10 of this agreement the liability for any resultant chargeback will shift from the issuing bank to the merchant and the merchant will be liable for such chargebacks.
LIABILITY SHIFT. 9.1 If you have complied with all your procedures as set out in this Agreement, then the liability for any resultant chargebacks will shift from you to the issuing bank.
9.2 If you do not follow your procedures as set out in this Agreement, the liability for any resultant chargeback will shift from the issuing bank to you and you will be liable for these chargebacks.
LIABILITY SHIFT. 36.6 If we Chargeback any Transaction in terms of the Merchant Agreement you will have to pay us interest at a rate of 2% per month, or the maximum allowable in terms of Law on the amount of the Transaction from the date of the Transaction until we receive payment.
LIABILITY SHIFT. 13.1 If you have complied with the authorisation procedures as set out in the agreement and annexures, the liability for any resultant chargebacks will shift from you to the issuing bank.
13.2 However, if you do not follow the necessary processes, the liability for any resultant chargeback will shift from the issuing bank to you and you will be liable for the chargebacks.
13.3 Liability shift occurs only when a chargeback arises from the authorisation process relating to the transaction. A cardholder may still raise a chargeback if the dispute relates to the services rendered or the goods provided.