India probably has the same number of users (or maybe more) of debit card users as the whole of Europe.
In India, banks have transferred the liability of debit card frauds directly to the card holder.
As far as they are concerned, the cards have EMV chips, and you have to provide a PIN to use the card on every transaction (merchant or ATM). Further, everytime a transaction occurs, the user gets an email and SMS message on their mobile informing them of the same. So ultimately it is presumed to be your fault if your debit card is "misused" in any manner.
If you lose your card or suspect fraud, you can always block it through your online net banking account or by calling the bank.
In fact, there was recently an interesting and controversial indian court case and ruling on debit card usage -
A spouse used his wife's card at an ATM to try and withdraw money to pay her medical bills (she had just given birth). The transaction failed (i.e. he didn't get the money) but the amount was debited from the account. They informed the bank and the bank told them that there might be an issue with the ATM and in such cases the amount would be credited back to the account in 24-48 hours. When that didn't happen, they filed further complaints with the bank and the ATM's CCTV footage confirmed that the ATM had not disbursed the money. But since the footage also showed the spouse using the card, and not the card holder, they closed the case stating that since debit card PIN has been shared, the bank is not liable as debit cards are non-transferable. After appealing in various forums, and finally in court, even the court sided with the bank. They further added that if the account holder wanted her husband to withdraw money, she should have given him a self-cheque for the amount, and not her debit card.
In India, banks have transferred the liability of debit card frauds directly to the card holder.
As far as they are concerned, the cards have EMV chips, and you have to provide a PIN to use the card on every transaction (merchant or ATM). Further, everytime a transaction occurs, the user gets an email and SMS message on their mobile informing them of the same. So ultimately it is presumed to be your fault if your debit card is "misused" in any manner.
If you lose your card or suspect fraud, you can always block it through your online net banking account or by calling the bank.
In fact, there was recently an interesting and controversial indian court case and ruling on debit card usage -
A spouse used his wife's card at an ATM to try and withdraw money to pay her medical bills (she had just given birth). The transaction failed (i.e. he didn't get the money) but the amount was debited from the account. They informed the bank and the bank told them that there might be an issue with the ATM and in such cases the amount would be credited back to the account in 24-48 hours. When that didn't happen, they filed further complaints with the bank and the ATM's CCTV footage confirmed that the ATM had not disbursed the money. But since the footage also showed the spouse using the card, and not the card holder, they closed the case stating that since debit card PIN has been shared, the bank is not liable as debit cards are non-transferable. After appealing in various forums, and finally in court, even the court sided with the bank. They further added that if the account holder wanted her husband to withdraw money, she should have given him a self-cheque for the amount, and not her debit card.