It's becoming a more frequent occurrence, and even though banks and credit unions typically make consumers financially
whole for fraudulent transactions that result from a retailer breach, individuals are still deeply affected, spending hundreds of dollars to keep fraudsters from wreaking havoc on their credit history months, or even years, later.
I know some folks avoid applying for credit cards for the very reason of dealing with fraud but knowing credit card companies always back you up
for fraudulent transactions keeps me alive in this game.
Criminals can steal your account information without your knowledge, read it with a device called a skimmer and use
it for fraudulent transactions.
Plus, you will enjoy all the security and protections you expect from a Visa card — including disputed charge resolution, zero liability
for fraudulent transactions, and replacement of a lost or stolen card.
Many companies guarantee their security and will reimburse
you for fraudulent transactions.
Some off - topic information here, which may or may not be accurate, and which you should not seek clarification for here (check Money SE instead, and first check whether it is on - topic there)- generally, bank policies will refund
you for fraudulent transactions below a certain quantity or value.
Guide the member through the dispute process
for fraudulent transactions.