Bank of China credit cards were stolen online:

Password card: users are responsible

Nowadays, almost all banks’ credit card regulations stipulate: “Anyone who uses a password Transactions made are deemed to be made by the cardholder himself." Although this is suspected of being an overbearing clause, in the court's determination, passwords are often considered to be an important means of confirming the identity of the cardholder and play an important role in card consumption.

This means that if the cardholder's password is also obtained by the other party when his credit card is stolen, he himself will bear the main responsibility for the theft, and the liability of the acquiring merchant will be relatively reduced or even not at all. Responsibility is required.

Signature card: The merchant pays the bill

Generally speaking, under the premise that the credit card does not have a password, the merchant mainly checks the cardholder’s identity by comparing the signature. If there is an obvious difference in the signature, Under such circumstances, the merchant will undoubtedly bear the main responsibility for the successful fraud.

But if the signatures are similar or even extremely similar, how to distinguish the responsibilities is complicated. After all, the mall salesperson is not a professional appraiser. But in this case, the more similar the signatures, the less responsibility the merchant bears. .

Based on the differences in similar signatures, there should also be differences in the division of responsibilities.