Debit Cards: Liability Protection, Discover 

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Credit, ATM and Debit Cards: What to do if They're Lost or Stolen
Apr 24, 2009 ... Your maximum liability under federal law for unauthorized use of your credit ... report the loss within two business days after you discover the loss, ... For protection of ATM and debit cards that involve a Personal ...
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre04.shtm
Debit card facts
Sep 7, 2001 ... Debit Cards: Much greater liability risk than credit cards: ... In addition to this greater legal liability protection with a credit card, ...
http://www.pirg.org/consumer/banks/debit/debitcards1.htm
The Downside of Debit Cards - Kiplinger.com
Oct 7, 2009 ... Here is the fine print on debit cards that may make you think twice ... You'll have full protection of $0 liability, just like credit cards. ...
http://www.kiplinger.com/magazine/archives/2009/11/debit-card.html
Debit cards too risky for big purchases - MSN Money
With debit cards, Visa and MasterCard also offer zero liability for ... in favor of debit card transactions, offering more protection and, in many cases, zero liability. ... If you discover an unauthorized charge on a bank statement, ...
http://articles.moneycentral.msn.com/Banking/CreditCardSmarts/DebitCardsTooRiskyForB...
Debit card - Wikipedia, the free encyclopedia
Fraudulent charges on a debit card can also cause problems with a checking ... and in some jurisdictions the consumer liability for unauthorized charges is the same for both debit and credit cards. ...
http://en.wikipedia.org/wiki/Debit_card
The dark secrets of debit
PIN transactions, avoiding overdraft fees, and debit reward cards. ... were granted liability protection that is identical to that for credit cards, ...
http://www.consumerreports.org/cro/money/credit-loan/debit-cards/the-dark-secrets-of...


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Debit Cards Basics

Understanding the simplicity and benefits of business debit cards.
Though debit cards look like a credit card, their link is directly to your business checking account. The funds for transactions made with your debit card come directly from your account. Basically, the debit card functions as a check, with faster processing and more security. The amount of funds in your checking account determines how much you can spend on debit card purchases. Debit card providers, typically MasterCard or Visa, ... Read more

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