ELi5: Why isn’t there more credit card fraud than I think when you give companies all card information?

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Such as I just gave a pizza place my name, card number, expiration, security code and zip. The same goes for countless other companies where I’ve done the same. What’s to stop employees from using this information to make fraudulent purchases? Or does it happen and just hasn’t happened to me yet?

In: 35

12 Answers

Anonymous 0 Comments

Here in the EU, I have to either put in my PIN code if I am making a purchase of over 35-40 USD equivalent or I have to use my bank’s app to verify the purchase it it is made through the Internet.

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