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By the way, the last time I checked using 3ds means that it's "impossible that the transaction was fraudulent" and thus you can't cancel it
by g-b-r 3y ago
By the way, the last time I checked using 3ds means that it's "impossible that the transaction was fraudulent" and thus you can't cancel it
- tuyiown 3y agoYep, that's why it caught on by shop despite being a friction.
- kube-system 3y agoYikes, what happens if you've had your devices/credentials stolen? Are you held liable for the transaction without recourse?
- groestl 3y agoWhat actually happens is with 3DS: a merchant gets liability shift. Liability resides with the issuer then. Whether you as a customer can be held liable for damages depends on your jurisdiction and when you report your devices / credentials stolen.
- hakfoo 3y agoI've heard it presented more as that the merchant isn't on the hook for a chargeback because they did the "best practice" in terms of preventing it.