Linked by Eugenia Loli on Mon 23rd Aug 2010 20:13 UTC
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Member since:
2005-07-06
The key factor there is that credit card fraud is no risk to me. Visa and Master Card take most of the risk for me. If they didn't and people where personally responsible for all losses due to credit card fraud then you'd see much less trust in "plastic money" and much higher demand for real and more effective security. So as such people don't trust plastic money, they trust the company behind it to reimburse them when things go wrong.