Same with credit cards. The banks/issuers get the benefit of advertising "no liability" to consumers for fraudulent transactions, yet ensure they're able to con

Same with credit cards. The banks/issuers get the benefit of advertising "no liability" to consumers for fraudulent transactions, yet ensure they're able to contractually shift as much of the cost onto the merchants that were ripped off, rather than eat it themselves[1]. [1] https://www.nerdwallet.com/article/credit-cards/merchants-victims-credit-card-fraud https://www.nerdwallet.com/article/credit-cards/merchants-vi...