Liability shift refers to transferring financial responsibility or liability from one party to another in the context of fraudulent or disputed transactions. It typically occurs in the payment card industry,。
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。
Payment Information: Creators can see limited information related to your payments, such as the payment method used (e.g., credit card, bank。
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