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This insolvency protection does not cover contracts with parties other than Booking.com, which can be performed despite Booking.com's insolvency.
"The Fraud Control Tool does not guarantee the prevention of fraudulent Transactions, nor against resulting Chargebacks or Fines.Excerpt from Adyen's Terms
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The clause states: “The Fraud Control Tool does not guarantee the prevention of fraudulent Transactions, nor against resulting Chargebacks or Fines.”
ConductAtlas has identified this type of provision across 281 platforms. See the full comparison.
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