Jean-Marc Desperrier wrote:
Ian Grigg wrote:
[...]
Outside USA, most countries have laws on the books
that put the banks in charge of fraudulent credit card
transactions. Not so in America, it seems.
I didn't say exactly that. I reported I heard the level of protection is
lower in America, but I don't have the exact description of the
difference, I might even be proven wrong. Or it might be different
depending on the state.
I also was surprised, so I asked someone who hopefully
knows better (an american).
It turns out that there are no laws on the books that
specifically limit the liability of owners of credit
cards, in the USA. At least, from that one person's
perspective, I could also be wrong on this point, and
we may want to dig further.
However, I think the/your essential point has been made,
which is the important thing - there is a different
equation depending on which country you are in. That's
new information for me.
iang
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