What is the difference between fraud protection offered by credit card issuers and fraud protection offered by banks?

In India, fraud protection offered by credit card issuers and banks generally vary depending on the financial institution. However, both credit card issuers and banks offer fraud protection services to their customers.

Credit card issuers typically offer fraud protection services that monitor customers' accounts for any unusual or suspicious activity, and will often notify customers if any such activity is detected. Some credit card issuers may also provide additional security features, such as onetime passwords or twofactor authentication, to help prevent fraudulent transactions.

Banks also offer fraud protection services that monitor customers' accounts and transactions for any signs of fraudulent activity. They may also offer security features, such as biometric authentication or twofactor authentication, to help prevent unauthorized access to accounts. Additionally, some banks may provide insurance against fraudrelated losses.

Overall, the level and scope of fraud protection offered by credit card issuers and banks can vary, so it is important to review the specific terms and conditions of your credit card or bank account to understand what fraud protection services are available to you.