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。
Liwhat is liability shiftability 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,。
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what is liability shift|Understanding liability shift in secure payment systems
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