Once your bank’s dispute department is in agreement that your payment is eligible to be disputed, it will log your request with the credit card company, which then alerts the acquiring bank.
The acquiring bank, in turn, alerts the PSP. The PSP informs the merchant(Scam company), which in this case is the binary options, Forex or Crypto company firm. The merchant then has 45 calendar days to respond and to provide the evidence that charge was done by the law. If no response is provided, your permanent refund will automatically be made on the 46th day.
If a response is filed, it will be forwarded back to you in a reverse process. Visa will then ask you for your response, and the process is repeated. If Visa does not accept either version of the disputed transaction, it will be sent for arbitration. Mastercard does not have a second round and the dispute automatically goes to arbitration if it does not accept one of the two versions.
Scamconsulting.com accompany you throughout this entire cycle until the end of the process.