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。
The 3D Secure (3DS) liability shift is a rule that protects you (the merchant) from fraudwhat is liability shiftulent transactions. The liability for fraudulent chargebacks shifts from the business to the card issuer。
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 card issuer to the merchant, depending on compliance。
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what is liability shift|Understanding the U.S. EMV Liability Shifts
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