Reply to post: Re: Refunds hide fundamentally insecure system

Met police commissioner: Fraud victims should not be refunded by banks

John Brown (no body) Silver badge

Re: Refunds hide fundamentally insecure system

"Don't know where you are but the market shift to contactless payments (from magnetic stripe) where I am has reduced card-based fraud by nearly two thirds."

Most of the civilised world has only used mag stripe as a next to last resort fall back since chip'n'pin was introduced (which admittedly has it's own issues)

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