To half answer your question, I'm not sure if it's law, but it is common practice.
A similar situation occurred when Visa/MC branded debit cards hit the market. These are Visa/MC "credit cards" that take the money direct from a checking account as purchases are made. When they were introduced, there wasn't such strong fraud protection in practice. If there were any protection the general practice was somewhat onerous, including the bank holding the cash in dispute until there was a resolution. Now there are much more generous protections in place. I imagine something similar might happen with VbV. But it won't happen before it becomes more widespread. My 2c. C > From: [EMAIL PROTECTED] > To: [email protected] > Subject: Re: [Fwd: Re: I want to discuss integration 3D Secure Credit Card > with ofbiz.] > Date: Mon, 20 Oct 2008 16:32:57 +0200 > > Oops sorry, traduced should have been translated here (traduction is the word > for translation in French) > > Jacques > > From: "Jacques Le Roux" <[EMAIL PROTECTED]> > > Of course if the bank advertises or/and guarantees the payment it's another > > story. > > > > In France we have some laws for that http://tinyurl.com/6jq5fe > > Article L132-4 says for instance (automatically traduced) > > <<The responsibility of the tenured one of a mentioned card to the item L. > > 132-1 is not engaged if the protested payment was > > carried > > out frauduleusement, from afar, without physical usage of his card. All > > the same, his responsibility is not engaged in case of > > forgery of his card to the direction of the item L. 163-4 and if, at the > > protested operation, it was in physical possession of his > > card. In the foreseen cases to the two preceding indentations, if the > > tenured one of the card protests in writing to have carried > > out a payment or a collection, are protested them him are recréditées on > > his account by the transmitting one card or returned, > > without expense, at the latest in the delay of a month to count reception > > of the dispute. >> > > > > Is there anything like that in other countries ? > > > > BTW, it's no CC related but did you know that > > http://www.iht.com/articles/2008/10/19/europe/19sarkobankFW.php ? > > > > Jacques > > > > From: "Jacques Le Roux" <[EMAIL PROTECTED]> > >> From: "David E Jones" <[EMAIL PROTECTED]> > >>> Oh well, wonderful world we live in. I may be outvoted in this, but just > >>> like Verified by Visa this is the sort of feature I'd > >>> like to see never make it into OFBiz. > >>> > >>> -David > >> > >> +1 : don't support evil ! > >> > >> Jacques > > >
