'liability' & 'credit history' may or may not be the reason but it's a good justification. In India, is it easy (or even possible) to deny an unauthorized char

'liability' & 'credit history' may or may not be the reason but it's a good justification. In India, is it easy (or even possible) to deny an unauthorized charge on your credit card? AFAIK, this is possible only after you declare your credit card last or stolen. Any charges before that would be the customer's responsibility. Before the above is implemented, it is important to have 'zero liability' credit cards (RBI is working on it [1]). The 'zero liability' requirement would also need a reliable credit history of consumers. Not sure if that exists in India yet. [1] http://trak.in/tags/business/2012/01/10/rbi-hints-at-zero-liability-for-indian-credit-card-customers/ http://trak.in/tags/business/2012/01/10/rbi-hints-at-zero-li...