what is liability shift|Understanding liability shift in secure payment systems

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The U.S. approach to fraud liability shift is not a mandate. This in effect means that you will not be penalized for non-compliance by this date. You could however be exposed to or held liable for。

Liability shift generally refers to the responsibility of covering the losses from fraudulent transactions moving from the merchant to the issuing bank when the merchant has。

Liability shift refers to the process in which twhat is liability shifthe 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 liability shift in secure payment systems

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