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#2113713 - 01/10/17 07:47 PM Cash advance liability - chip card, no chip reader
ForceFull1 Offline
Gold Star
ForceFull1
Joined: Nov 2003
Posts: 251
smalltown Iowa
If we perform a cash advance on a chip-enabled card, and our cash advance machine is not chip enabled, does liability rest with us, even if we get a machine approval and signature? I'm assuming so, but looking to confirm. Thanks!

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#2113728 - 01/10/17 08:27 PM Re: Cash advance liability - chip card, no chip reader ForceFull1
BrianC Offline
Power Poster
BrianC
Joined: Nov 2004
Posts: 6,716
Illinois
Chip Liability Shift will transfer liability to you if the card is counterfeit and the issuing bank files a chargeback against you.
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