Quote:
Originally Posted by PayoneerTeam
Hi,
First off, all MasterCard are insured. If you report card loss or theft and open a claim, MasterCard will investigate and handle accordingly. It is all handled on a case by case scenario, but if they believe it truly is fraud they will fund your card with the money.
Please let me know if you have any other questions.
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Well that have sense if for example someone steal my cc number and use it to buy something on internet,then mastercard can reverse transaction,but if someone steal physical card and withdraw money on ATM i doubt anything can be done.