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It is actually worse than that, isn't it? By law, only individuals are protected against fraud. If any small business account is compromised, they don't have that protection.

Or am I just off in my understanding of fraud protection?




Small businesses get screwed all the time by fraudulent chargebacks: http://en.wikipedia.org/wiki/Chargeback


I'm pretty sure taeric is talking small business credit cards having chargeback. They have almost identical, including the same protections, as a credit card held by an individual.


Do they? Unless things have changed, it was at least reported[1] that they do not have the same legal protections. They may have the same protections from the bank. But not by law.

[1] https://www.schneier.com/blog/archives/2009/08/small_busines...




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