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Liability shift refers to the process in which the responsibility for fraudulent transactions transfers from one party to another, typically from the payment processor or card issuer to the merchant, depending on compliance。

What Was the EMV Liabilitwhat is liability shifty Shift? The EMV liability shift of 2015 was implemented by the major card networks in an effort to relieve issuers’ liability for fraud. The initiative aimed to mandate fraud protections for。

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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