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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。

Liability shift refers to transferring financial responsibility or liability from one party to another in the context of fraudulent or disputed transactions. It typically occurs in the payment card industry,。

Liabilwhat is liability shiftity 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。

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what is liability shift|EMV Liability: How Have Things Changed, 7 Years。

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