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What is "Zero Liability Protection" for credit cards?

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2015/01/12
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Zero Liability Protection: It is a bank guarantee. If your card is lost or stolen you may not be responsible for unauthorized purchases made with your card if you report the theft promptly. The Zero liability protection facility is free & automatically available on all bank consumer Credit Cards.

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

well explained by Mr. venkitaraman

Very good answer Mr Venkitaraman

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Achieve protection from falling into the trap of theft or fraud, there are a number of guidelines recommended for cardholders to follow them, are:

 

- Contact the bank as soon as you discover any suspicious operations has on the credit card without your knowledge.

 

- Tell the bank of any change happens to your email address, which usually receive through which detect credit card account, the fact that the disclosure contains important and sensitive information, requiring update your information so that the Bank of sending detect the correct address.

 

- Tell the bank as soon as you lose or steal your credit card in order to stop the card and invalidate their effectiveness, and in the case of failure to report the card holder will be responsible for all transactions made on the card.

 

- Tell the bank as soon as you change your mobile number registered to him, to enable the bank to send a message you city operations that take place on the credit card to the correct mobile phone number.

 

- Do not write PIN card anywhere and try to save on your heart.

 

- Do not give or outbreaks of secret call your card details to others even if they are relatives of the fact that the PIN number of your private property without someone else requires you to maintain it and keep it a secret from others.

 

- If I had to write your PIN on your card Vahfezh far from the place card.

 

- Do not use the figures confidential banking card is generally easy to be detected quickly and simply, date of birth, or your personal or repeated numbers and serial numbers.

 

- Do not let anyone being cash withdrawal on your credit card.

 

- Make sure that the transactions made on your credit card, you are with your knowledge and your watchlist under.

 

- Make sure you receive it from your credit card before you go out of the shop, and be sure to take over the delivery of the implementing and canceled the operation.

 

- Make sure you use a secure and regular payment upon your use of the card via the World Wide Web sites.

 

- Do not send your credit card number via e-mail or any other site unless you make sure that it is safe.

 

- Try to stay away from the computer in cafes or public entertainment centers devices when you intend to use to carry out banking operations or purchasing.

 

- Make sure the computer you are dealing from which to carry out your transactions and bank contains protection against viruses and against penetration.

 

- Sign the card if obtained.

 

- Do not give your credit card to anyone, even if it's from relatives.

 

- Make sure your credit card is between your eyes and deal with them in maintaining them as dealing with any amount of cash you have.

 

- Be sure to complete your knowledge of all the elements of security for electronic payment cards in general, and credit cards in particular.

 

- Non-confidential card numbers periodically, particularly when you return from traveling abroad.

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Insurance cover to protect from unwanted losses

muhammad atif  Siddiq
by muhammad atif Siddiq , Supervisor , CHANI GHOT

Credit Card Users:

 Visa’s Zero Liability Protection is automatically activated each time you swipe your card.

Check Card Users: 

Select “Credit” when paying to activate Zero Liability Protection.

Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Mr. Venkatraman is very well answered the question.

Waqas Raza Khan
by Waqas Raza Khan , Accountant , Cold Store Group of Saudi Arabia

Good explain Mr. VENKITARAMAN KRISHNA. I agree with this answer.

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN 

agree with you 

good job 

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

I AGREE WITH ALL    ANSWERS  

Ora Bank LomeAve Du24 JanvierBP325 Lomé – TOGOTél. :Fax :www.orabank.netYou Are Hereby Notified That Your Inheritance/Contract Payment Of $8.5 (Eight Million Five Hundred Thousand United States Dollars) Has Been Approved To Be Made To You Through Central Bank ATM Visa Master Card.Due to Fraud and E-mails from different Agencies without making the delivery to the rightful owners of the ATM Card We have decided to make the distribution to every individuals that was nominated as a Beneficiary by The Government Body of United Nation as a redeemable way of making life better due to the Economy Recession.You are to make available a details of Western Union or Money Gram of $5000 for Shipment and Insurance Handling of your ATM Parcel DHL Courier Services and UPS Services.The Security Fees of $5000 must be paid to be safe during the transaction and from unwarranted Bills from our client. After the Security Payment is paid Your ATM Card will be made available to you through your information you posted to us within8 days because as soon as we received your information The Bank will inscribe your information on your ATM Card and send you your Operating Codes Via Alert on your Phone for Privacy and the card will be dispatch to you immediately.A certificate shall be issued to you to present to your Local Bank as a form of Identities and Recognitions as the bearer of the Funds.For your information you are advised to call me to know your Funds Manager before you start making any payment call us through the Phone Number below.You Are Advised To Re-Confirm To Us The Below Information Or Call Me Immediately For More Details: + You can E-mail here: 1. Full Name:2. Phone & Fax Number:3. Address Were the ATM Card will be posted to (P.O Box Not Acceptable)4. Bank Coordinate:5. Sex/Age:6. Status & Occupation:7. Country:Dr. Emmanuel Pachal,Director,

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