Visa, MasterCard, AmEx take steps to reduce counterfeit fraud chargebacks to U.S. merchants. Visa and AmEx say they will prevent merchants from holding merchants liable for chargebacks on transactions of less than $25. Visa’s block on chargebacks under $25 takes effect July 22; AmEx’s takes effect at the end of August. Discover and JCB International, the other two major card brands, have made no announcements about EMV chargeback relief. Merchant trade associations say they’re pleased with the card brands’ announcements, but say they need more relief.”]
Source: https://www.cuinfosecurity.com/blogs/chargeback-relief-does-go-far-enough-p-2164