The U.S. approach to frawhat is liability shiftud 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。
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。
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