Re:Coin
by PeterisP on Thursday November 14, 2013 @05:25PM
(#6736125)
EU law shifts pretty much all liability away from consumer.
There's a cap of EUR 150 consumer liability for lost&stolen (physically) cards up until you notify the bank; zero liability for lost&stolen cards after the time of notification, and zero liability for any fraudulent transactions if your card isn't lost or stolen.
Only UK law (and MC/Visa rules for UK) is a bit different, but another poster describes them below.
There's a cap of EUR 150 consumer liability for lost&stolen (physically) cards up until you notify the bank; zero liability for lost&stolen cards after the time of notification, and zero liability for any fraudulent transactions if your card isn't lost or stolen.
Only UK law (and MC/Visa rules for UK) is a bit different, but another poster describes them below.