You are not responsible for card-not-present fraud (without 3D Secure). You can dispute any fraudulent charge with your bank, and I’d bet good money the bank has actually better customer service in that regard compared to PayPal.
A prime example was when I subscribed to NYTimes, and a few months later wanted to cancel. The only way to cancel was to make a phone call, navigate a phone tree, and wait for an agent. That was absurd, not only because I'm international and find it less convenient to call a US number... but particularly because I signed up and created the subscription online. NYT knew what they were doing by making it difficult for people to cancel.
With PayPal in between, I was able to easily just terminate the agreement. NYT could no longer suck money out of my card.
NYT has since upgraded to allow managing your subscription online, including upgrade/downgrade/cancellation.
The last time I had to deal with card fraud, my bank was extremely reasonable to work with and didn't hesitate at all when disputing the charges. But the process can still be fairly annoying. Having to wait for the card to be replaced, having to move any auto billpay using that card to another, etc.
With very few exceptions, if the merchant isn't using a decent external payment platform, you might as well be posting your credit card information on Hacker News. I'd much rather run my card information through PayPal if that is the only option other than entering card information on the merchants dodgy website.
Most banks can be decent to deal with, and one can certainly take steps to mitigate the impact of it when it does happen (Like not using your debt card for purchases, ever. Using a different credit card for bill payments vs online purchases vs offline purchases, etc.) But I can understand why people would prefer to avoid card fraud when they have the option to do so.
I worked for a fraud detection company in the UK that existed precisely because chargebacks work so well, here. So this is definitely news to me.
Don't get me wrong, sometimes the networks rules are stronger than the laws for other reasons. Last I checked in the US the customer was legally out $50 in case of fraud, but all networks reduced it to zero figuring if they were already out potentially a large sum of money they may as well eat the last $50 too for goodwill reasons.
I'm not quite sure what pattern the agent recognized, but she sure didn't like it and they weren't going to put up with it for a second. I'm not sure why it wouldn't be in their interest to be this vigilant globally...
I am not surprised. You have obviously never stood in Ethiopia or wherever and have gotten a call from your bank: " This is the fraud department, unfortunately we have to block your card but we send you a new one".
Trick question: How many CC do you carry at a given time?
Hint: based from experience it should be at LEAST 3.
If the bank is bad it’s one thing but then the solution is to choose a better bank, not hack around the problem with a (shady) middleman like PayPal.
When I was abroad one guy was enjoying a decent McDonalds meal in the states with a cloned card.
It's a pain in the butt when it happens.
International consumer finance is a mess. Not everybody who shops on the Internet is a US citizen with a credit card account in a first-rate bank. There are other options.
I got all the money they'd charged back but it was still a stressful time because I didn't have any other card at the time.