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 refers to the process in which the responsibility for fraudulent transactions transfers from one party to another, typically from the payment processor or carwhat is liability shiftd issuer to the merchant, depending on compliance。
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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