EMV chips are an excellent fraud-prevention tool for card-present merchants, but what is liability shiftthe liability shift can make them a double-edged sword in some situations. Lets。
The 3D Secure (3DS) liability shift is a rule that protects you (the merchant) from fraudulent transactions. The liability for fraudulent chargebacks shifts from the business to the card issuer。
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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