Re:Zcash begins
by dangerlibrary on Friday October 28, 2016 @03:18PM
(#12819700)
Perhaps I am naive. My understanding is that in general, debit cards do not enable charge backs. Further, I've never had a fraud alert on my card (even when traveling internationally) that I couldn't resolve with a phone call to the bank. Does a debit card not solve your problem?
[ Parent
| on HN ]
It's not the bank that's blocking me, it's the merchant. Since merchants are the ones on the hook for card-not-present fraud, they refuse to ship items anywhere but the address registered with the credit card.
I don't know which debit cards you're referring to but I'm almost 100% sure that the cardholders are not liable for fraud. Meaning someone else along the chain is liable and is monitoring/blocking transactions to reduce that liability.