Assertion: merchant | /r/HasProperty | liable
Facets:
value: for major penalties
type: CAUSE
value: for chargebacks
type: PURPOSE
value: in an amount
type: OTHER
Source sentences:
text: If the bank believes that the merchant may be liable for chargebacks in an amount larger than the balance of the reserve account, then the bank can stop processing cards until the Bank feels the liability for chargebacks has stabilized, or demand money from the merchant to make up for the deficiency, or terminate the agreement immediately.
text: If a merchant is found practicing factoring, the merchant will not only lose one's merchant services account and be liable for major penalties, but shall also be added to the Match list, also called the TMF list, making it impossible to process credit cards through any processor or bank.