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Business Debit Card Liability

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Question: 
Our bank is considering offering Business Debit Cards, can you suggest a resource to identify the liability to the bank and how that liability may be passed on to the customer?
Answer: 

If you offer a Visa or MasterCard product, check with them first. Your next step should be an attorney familiar with the topic. Because Reg E doesn't apply, you have the opportunity to start with a clean slate and determine which party has what obligations and liability.

First published on BankersOnline.com 1/08/07

First published on 01/08/2007

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