Merchant Chargeback Responsibilities. EVERTEC will, in a manner consistent with the practices of the Merchant Acquiring Business, respond to an Issuing Member’s request for information in accordance with the Rules in the event a Merchant initiates a Chargeback, and shall assist BPPR in responding to an Issuing Member’s request for information in accordance with the Rules in the event a Government-Merchant initiates a Chargeback.
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Samples: Independent Sales Organization Sponsorship and Services Agreement, Independent Sales Organization Sponsorship and Services Agreement (EVERTEC, Inc.), Independent Sales Organization Sponsorship and Services Agreement (TII Smart Solutions, Sociedad Anonima)
Merchant Chargeback Responsibilities. EVERTEC will, in a manner consistent with the practices of the Merchant Acquiring BusinessIndustry Standards, respond to an Issuing Member’s request for information in accordance with the Rules in the event a Merchant or Issuing Member initiates a Merchant Chargeback, and shall assist BPPR in responding to an Issuing Member’s request for information in accordance with the Rules in the event a Government-Merchant initiates a Merchant Chargeback.
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