[kioleanu]

That is just another symptom of the problem I would say. Although it does happen, there are other mechanisms in place to protect you from fraud, which discourage fraud in the first place. I’ve been paying with debit cards for more than 15 years in Europe, tens of thousands of transactions and not once did I need to reverse one.

[piperswe]

The only time I've ever had to dispute a charge is when I bought something from a website that had apparently gone out of business without taking down their site. Weeks passed after my order, I reached out multiple times, and I never heard a peep from them. I just logged in to my Chase account, disputed it, got my money back instantly, then went on with my life.

That doesn't sound like something that's super easy to prevent.

[qwytw]

> Europe, tens of thousands of transactions and not once did I need to reverse one.

Me neither. But (living in an EU country) every time I hear about someone who was a victim of a fraud/scam/etc. when SEPA/Bank transfers or debit cards are involved the banks just seem to pretty much tell everyone that's not their problem and that you should go the police (who obviously can hardly ever get the money back from the scammers directly, especially if they are in another country).

Some banks ever offer some sort of a "scam insurance" for a fixed monthly fee, which just seems absurd. Why do I even have to pay them in the first place (most banks charge some monthly fee just a for a debit card) if they can't guarantee they won't just start giving away my money to random people with no recourse?

OTH if you're using a credit card chargebacks seem to be an option even here (local banks just do their best to hide that from you)...

[garaetjjte]

You can do chargebacks also on debit cards, no?

[lmm]

Lucky you. I have and it was an absolute nightmare, had to survive on no money for a couple of weeks until the reversal went through. Never again.