Annual note to self: most of the world exists outside the tech bubble

Re:Annual note to self: most of the world exists outside the... by kuschku on Sunday August 13, 2017 @07:33PM (#15005603)

> As a consumer, your fraud liability is zero and entirely shifted to the merchant.

If you have one with chip+PIN, as all in Europe, 100% of liability is with the customer.

So you have to check the statement every month, go through a lengthy process to appeal false charges, and end up not getting your money back either. Especially as you have to deal with your bank to get the money back instead of the CC company here, and the bank has a far easier process for reversing debit transfers than CC bills.

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Re:Annual note to self: most of the world exists outside the... by morgante on Sunday August 13, 2017 @09:06PM (#15006026)

> If you have one with chip+PIN, as all in Europe, 100% of liability is with the customer.

Thankfully I don't have chip and pin, yet another reason I actually vastly prefer the American system to European.

You seem to just be providing examples of why the European system is worse for consumers, not proving in any way why it's better.

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Re:Annual note to self: most of the world exists outside the... by kuschku on Sunday August 13, 2017 @10:35PM (#15006284)

I am providing examples why the American system is worse in a European legal context.

You don't want CCs either. CCs solve security by having someone simply pay for every time a fuckup happens, instead of using cryptography to prevent them in the first place.

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