Most U.S. payment networks have implemented EMV fraud “liability shifts,” effective October 2015, for POS transactions. Some networks also have either implemented or announced。
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。
In this article, we’ll discuss payment liability shifts and explore key concepts such as EMV liability shift, 3D Secure, SCA exemptions, and out-of-scope transactions. By the end, you’ll know exactly how to make informed decisions to protect。
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what is liability shift|Understanding liability shift in secure payment systems
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