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。
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。
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。
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what is liability shift|What is Liability shift
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