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。
The U.S. approach to fraud liability shift is not a mandwhat is liability shiftate. This in effect means that you will not be penalized for non-compliance by this date. You could however be exposed to or held liable for。
What Was the EMV Liability Shift? The EMV liability shift of 2015 was implemented by the major card networks in an effort to relieve issuers’ liability for fraud. The initiative aimed to mandate fraud protections for。
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what is liability shift|Understanding liability shift in secure payment systems
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