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Chargeback Dispute Policy

Understanding Chargebacks

Seun avatar
Written by Seun
Updated over 3 weeks ago

Q: What is Leveled Up Traders' chargeback policy?

A: Important information about chargebacks:

• Chargebacks are considered a serious violation

• All chargebacks are thoroughly investigated

• Documentation of all transactions is maintained

• Immediate account suspension upon chargeback initiation

• Permanent account termination may result from unauthorized chargebacks

Consequences of Chargebacks

Q: What happens if I initiate a chargeback?

A: Chargeback actions result in:

• Immediate account suspension

• Loss of trading privileges

• Forfeiture of any pending payouts

• Blacklisting from future participation

• Possible legal action for fraudulent chargebacks

• Additional fees and penalties may apply


Proper Dispute Resolution

Q: What should I do instead of a chargeback?

A: Follow these steps:

1. Contact our 24/7 customer support immediately

2. Request a refund if eligible

3. Explain your concerns clearly

4. Provide necessary documentation

5. Allow 24-48 hours for resolution

6. Maintain open communication


Documentation Requirements

Q: What documentation is needed for dispute resolution?

A: Required information includes:

• Transaction ID

• Date of purchase

• Amount charged

• Reason for dispute

• Communication history

• Any relevant screenshots

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