Hello, some people believe that once a password is set on a credit card, the individual is responsible for keeping the password. If it is stolen, at least half of the responsibility lies with the individual. Credit cards without passwords must be confirmed with a signature. When it comes to payments, the merchants and banks are responsible for theft. For individuals, password-free transactions are relatively less risky. However, a staff member in the risk management department of the credit card center said: "After the credit card is stolen, the judicial authorities will intervene in the investigation, and they will determine the responsibility based on the specific reasons, rather than simply looking at whether you have a secret card or an unsecured card." . ”

Generally speaking, when a credit card without a password is lost, the bank will directly compensate the amount stolen within 48 hours before the loss is reported. However, the merchant will be held responsible for fraud that does not occur within these 48 hours. When recovering stolen amounts, you can easily have a dispute with the merchant over whether the signature has been reviewed.