MSG Marketing (Pty) Ltd v Firstrand National Bank (A2024/038898)
MSG Marketing (Pty) Ltd v Firstrand National Bank (A2024/038898) [2025] ZAGPJHC 547 (9 June 2025)
The High Court held that FNB could retain MSG’s funds for 540 days after termination to cover potential Visa chargebacks and dismissed the appeal with costs.
- Merchant Service Agreements
- Chargeback Liability
- Contractual Interpretation
- Public Policy Exception
- Banking-law
- Merchant-service-agreements