Posted by PeterE on April 04, 2011 at 10:15:54 from (128.101.142.97):
In Reply to: Re: OT- debit cards posted by CBBC on April 04, 2011 at 09:00:03:
I don't know what Canada is going to do, but in the UK the change to chip-and-pin meant the customer was now liable for fraud.
Right now, the customer is not liable for fake charges if they are reported quickly. The banks and the stores don't like that, since they take the loss.
With chip-and-pin they got the law changed (in the UK) so that the customer takes the loss when by claiming the system was so great, no one could fake it. Of course, that isn't true.
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