Successful Liability Shift for Enrolled Card on OnlyFans

What does 'successful liability shift for enrolled card is required on OnlyFans' mean?

What is the significance of requiring a successful liability shift for enrolled card on OnlyFans?

Answer:

'Successful liability shift for enrolled card' on OnlyFans refers to a process in online transactions where financial responsibility is transferred from the merchant to the card issuer, upon successful card verification. This protects the merchant from financial loss in case of a disputed transaction.

Explanation:

The term 'successful liability shift for enrolled card' in the context of OnlyFans refers to a specific transaction process applied in the online payment industry. When a purchase is made on platforms like OnlyFans, a liability shift can occur if the purchaser's card (the enrolled card) is successfully verified. This process, which is an integral part of the 3D Secure protocol, transfers the financial responsibility from the merchant to the card issuer in the case of a disputed transaction. The liability shift provides protection for the merchant against fraudulent transactions, as they are not held financially responsible if the transaction is later disputed.