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In an effort to promote further adoption of EMV in the US, American Express announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they upgrade their POS systems. By the end of August 2016, merchants will not be held liable for chargebacks for counterfeit fraud when a transaction is under [...]

The post AmEx update US fraud policies to limit EMV chargebacks appeared first on Payments Cards & Mobile.

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