ToolerCat / Chargeback Reason Codes / Visa 10.1 — EMV Liability Shift Counterfeit Fraud

Visa 10.1 — EMV Liability Shift Counterfeit Fraud

EMV Liability Shift Counterfeit Fraud. A counterfeit copy of a chip card was used at a terminal that read the magnetic stripe instead of the chip.

Fraud chargeback.

Code

10.1 Visa

Category

Fraud

What it means

A counterfeit copy of a chip card was used at a terminal that read the magnetic stripe instead of the chip.

Evidence that wins

Proof the transaction was chip-read (EMV data), or that the card was not chip-enabled.

How to prevent it

Use EMV-certified terminals and never fall back to swipe for chip cards.

Rules and deadlines differ by region and acquirer — always check the instructions in your PSP dashboard.