NEW LIABILITY CAPS COULD RAISE SHOPPERS' DEBIT CARD USE

SAN MATEO, Calif. -- Shoppers' use of debit cards as a checkout payment option could receive a boost from recently announced consumer protections, which include a $50 cap on liability for lost or stolen cards.Visa U.S.A. here, with 46 million debit cards in circulation, has limited consumers' liability for lost or stolen debit cards to a maximum of $50, with zero liability if the loss is reported

SAN MATEO, Calif. -- Shoppers' use of debit cards as a checkout payment option could receive a boost from recently announced consumer protections, which include a $50 cap on liability for lost or stolen cards.

Visa U.S.A. here, with 46 million debit cards in circulation, has limited consumers' liability for lost or stolen debit cards to a maximum of $50, with zero liability if the loss is reported within two business days.

The new policies, which apply to credit and debit card

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