Visa 10.1

EMV liability shift counterfeit fraud

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What the cardholder is claiming

The issuer says a counterfeit card was used at a chip-capable terminal that did not read the chip, so the EMV liability shift puts the loss on the merchant. The dispute turns on how the transaction was read, not on what was sold. Visa allows 120 calendar days from the transaction processing date, and the issuer must report the fraud to Visa before disputing.

Defending a 10.1

Riskopus assembles the evidence this code calls for from your own order, delivery and device data, and files it before the deadline.