The $50 limit hasn't been the case for years. Both Visa and MasterCard have a ZERO liability limit IF you use your card (debit or credit) as a Credit card. Meaning you are not using the bank card or ATM function of your card. There is very little protection if you use your card that way as whoever had the card had to have your PIN.
http://usa.visa.com/personal/visa-signature/benefits/zero-liability.jsp http://usa.visa.com/merchants/risk_management/zero_liability.html http://usa.visa.com/business/why-pay-with-visa/security-benefits/bft-zero-liability.html http://usa.visa.com/personal/security/visa_security_program/zero_liability.html http://www.mastercard.us/zero-liability.html http://www.mastercard.us/debit-card-standard.html (see the section PROTECTION WHEREVER YOU SHOP) I am sure the Google can tell you about the other credit cards available if they have the same zero liability protection. Thanks Carl Webster Consultant and Citrix Technology Professional http://www.CarlWebster.com<http://www.carlwebster.com/> From: Jonathan Link [mailto:[email protected]] Subject: Re: OT: Actually it may not be but opinion wanted on this IIRC, the protetctions for business use of credit cards are the same as consumer protection. I could be wrong, though. You're subject to a maximum of $50 for fraudulent transactions, and generally that's waived. That being said, as in all things, you have to be doing some basic bookkeeping. Reconcile your accounts, ensure that every charge is appropriate, etc. It's amazing to me how many people don't do this. I work for an accounting firm. I'm sure Ed can tell similar stories. ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to [email protected] with the body: unsubscribe ntsysadmin
