Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 01.01.2014, 17:35
Junior Member
 
Join Date: Apr 2013
Location: Europe
Posts: 68
Groaned at 1 Time in 1 Post
Thanked 7 Times in 4 Posts
mountains has earned some respectmountains has earned some respect
Victim of chip-and-pin fraud? It's all YOUR fault, insist the banks as they refuse pa

Victim of chip-and-pin fraud? It's all YOUR fault, insist the banks as they refuse payouts

With credit cards, the situation is slightly different. If someone uses the card and pin without your knowledge, the most you will ever have to pay is 50. Experts say the complaints sent to the Ombudsman are simply the tip of the iceberg.

At least in the UK. I wonder what protection do you have in Switzerland. Especially if the protection is different for debit and credit cards.

Payment Services Directive: Frequently Asked Questions

Usually a EUR 150 limit applies:

  • Liability of payment service user in case of misuse of a payment instrument (limited to EUR 150). This amount may be reduced by Member States and there is no liability for unauthorised payments occurring after the user has properly notified his/her payment service provider.
  • Limited liability: in the case of loss or theft of a payment instrument (e.g. a debit or credit card) the maximum liability of consumers is limited to EUR 150 (of course this does not apply for fraudulent behaviour). This amount may be reduced by Member States and there is no liability for unauthorised payments occurring after the user has properly notified his/her payment service provider.
Reply With Quote
The following 2 users would like to thank mountains for this useful post:
  #2  
Old 01.01.2014, 18:29
Markarina's Avatar
RIP
 
Join Date: Aug 2011
Location: Bern
Posts: 1,017
Groaned at 10 Times in 8 Posts
Thanked 936 Times in 468 Posts
Markarina has an excellent reputationMarkarina has an excellent reputationMarkarina has an excellent reputationMarkarina has an excellent reputation
Re: Victim of chip-and-pin fraud? It's all YOUR fault, insist the banks as they refus

It's quite scary how easy it is for people to get your pin, methods I'm aware of:

Bogus workmen replacing valid chip and pin machines with ones that log your card details and still allow transactions to take place.

false fronts on ATM's - usually the lighted bar with the bank name on it and a card reader over the real card reader.

Plain and simple looking over your shoulder or using binoculars or similar, I think something like this was mentioned here on EF.
Reply With Quote
This user would like to thank Markarina for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Fraud at your dentist..."PA" or "DH"...??? arrow Family matters/health 19 20.07.2012 10:33
Washer and Dryer Question...Do They Work As Well As The W/D From The States? Swisstobe Daily life 10 06.01.2011 15:53
List of Credit cards and their chip and pin status muze7 Finance/banking/taxation 24 30.09.2009 18:27
Credit Cards - why don't they use Chip and Pin? GenevaSculler Finance/banking/taxation 12 19.08.2008 14:50


All times are GMT +2. The time now is 17:47.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0