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by phil21 3536 days ago
> Is this a minority view?

I don't know, maybe. I have zero liability on credit card purchases, and while it's certainly an inconvenience I never don't buy something because my details might be leaked. Who cares, why put yourself through the constant mental effort for an event that happens maybe once or twice a decade if you are exceedingly careless?

I absolutely despise being sent to a third party site - usually a broken one that takes forever to load, with some annoying "security" authentication, or OTP, etc. when really all I wanted was amazon one click and to move on with my life.

By far the #1 way a small merchant can get me to click the buy button is make it easy for me to checkout and pay. If I have to sign up for an account, be redirected around the world, etc. I generally tend to lose interest and just go back to newegg/amazon. Note that this sometimes is a third party payment link such as Paypal due to the nature of the service - but you have to think about user experience first, not last.

Also your requirement makes absolutely no sense to me. If a merchant is compromised to the point that javascript can be injected, it's not much more difficult at all to direct you to a fake paypal skimmer that you likely won't notice. I agree it raises the bar a bit, but not by an appreciable degree.

1 comments

"I have zero liability on credit card purchases"

Not quite right. Many banks make you liable for the first $50, for each occurrence of fraud. Also they typically require you to notice and report a fraudulent charge within 30-90 days or else you are liable for 100% of the amount.

In theory, maybe. But phil21 is correct that credit card users have zero liability in practice.

Most card issuers these days will proactively contact the customer to inquire about suspicious charges.

Nope, if your credit card number is stolen and used online for a card-not-present transaction you have $0 liability by law.
The person said they have no liability, how is saying that many banks don't refuting what they said?
More specifically: U.S. law puts a $50 cap on consumer liability, but many credit cards voluntarily lower it to $0. The $50 is a ceiling, not a floor.