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Is a Merchant Liable for Credit Card Info Stolen Online?

April 26, 2017credit card info liable merchant online stolen

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Is a Merchant Liable for Credit Card Info Stolen Online?

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A Card Processor and Merchant Bank will certainly look unfavorably upon any merchant who does not provide a reasonably secure online environment for credit card transactions. If your customer’s credit card info is stolen online, you could be accused of negligence in not providing adequate security, and furthermore you could be held liable for any resultant losses incurred from the credit card theft.