what is liability shift|Understanding liability shift in secure payment systems

what is liability shift|Understanding liability shift in secure payment systems,fightingkids


Liability shift refers to transferring financial responsibility or liability from one party to another in the context of fraudulent or disputed transactions. It typically occurs in the payment card industry,。

EMV chips are an excellent fraud-prevention tool for card-present merchants, but the liability shift can make them a double-edged sword in some situations. Lets。

Liability shift generally refers to the responsibility of covering the losses from fraudulent transactions moving from the merchant to the issuing bank when the merchant has。

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what is liability shift|Understanding liability shift in secure payment systems

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