Previously as an ebay seller, I had to deal with the risk of
chargeback. If I sell something to a US customer, there is a chance
he could request a chargeback when he thinks the transaction is
fraudulent. This is a very good protection for US credit card
holder, and very unfair to honest sellers.
Although this sounds stupid, I want to know why here my
lost/stolen card liability is capped at S$100, provided I
have not acted fradulently or with negligence or failed to report
card loss to bank immediately?
If you weren't negligence with your credit card, then how did you
managed to lose it?
Did your credit card walked out on you? 