Thursday 1 October 2015

Chip And Pin Credit Card Liability Shifts Today

Today, merchants across America are waking up to new rules on credit and debit card fraud liability. Effective October 1, any merchant who has not upgraded to a chip-and-pin terminal will be liable for any fraud losses. Historically, almost all fraud losses hit the banks. While most large merchants (like Wal-Mart and Target) are ready, many […]

The post Chip And Pin Credit Card Liability Shifts Today appeared first on MagnifyMoney.



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