Is this correct - A very important point is that debit cards offer consumer protections (chargebacks for unsatisfactory goods) - I was under the impression that only credit cards offer chargeback protection?
You can chargeback with a debit card
https://www.chargeback.io/blog/debit-card-chargebacks-guide
Liability is covered under the Electronic Fund Transfer Act
> You have zero liability if you report before any unauthorized charges are made. Reporting within two business days caps your liability at $50. However, if you wait over two business days but less than 60 calendar days after your statement is sent, your maximum liability jumps to $500. Beyond 60 days, you could be liable for all unauthorized charges.
It is correct. All Visa and Mastercard debit cards offer these protections, and I would suspect that the smaller brands also do.
Worldwide.
As far as I know, in India, debit cards don't offer chargeback protection presumably because they are PIN enabled. Which means, in practice, nobody can use your card without knowing your PIN. And so it is assumed that any transaction on it has been done with your permission. Debit cards also don't offer chargebacks for consumer protection against faulty goods.
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