The U.S. approach to fraud liability shift is not a mandate. This in effect means that you will not be penalized for non-compliance by this date. You could however be exposed to or held liable for。
Liability shift generally refers what is liability shiftto the responsibility of covering the losses from fraudulent transactions moving from the merchant to the issuing bank when the merchant has。
The 3D Secure (3DS) liability shift is a rule that protects you (the merchant) from fraudulent transactions. The liability for fraudulent chargebacks shifts from the business to the card issuer。
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what is liability shift|Payment liability shifts explained
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