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Understanding Cardholder
Disputes and the Associated
Regulations
February 20152013 IS and/or its subsidiaries. All Rights Reserved. Disclaimers presentation should not replace compliance guidance
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What is understanding cardholder?
Understanding cardholder refers to the knowledge and comprehension of the individual who holds the card.
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The cardholder or the person responsible for managing the card is required to file understanding cardholder.
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The purpose of understanding cardholder is to ensure that the cardholder is aware of the terms and conditions associated with the card.
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The information reported on understanding cardholder includes details about the cardholder's understanding of the card's features, benefits, and responsibilities.
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