On Mon, 2 Feb 2015, Peter Loron wrote:
Yep, AMEX is usually pretty on the ball WRT fraud.
Do note that EMV (aka Chip + PIN) cards are rolling out in the US this year
(finally). I already have my AMEX with the chip. IIRC, vendors are shifting
liability to merchants who do not have supported terminals in October this
year. The intent is to push them to upgrade to terminals that support the new
security features.
The EMV isn't perfect, but it does reduce fraud.
Does it make any impact on online/phone purchases?
David Lang
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