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?

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12 Answers

Anonymous 0 Comments

Two things, risk to reward.

Sure, someone you give that info to could place a few orders fraudulently. But what do they get out of it? A few hundred dollars worth of stuff, at the risk of years in prison.

Any rational person will see that as a horrible venture.

Outside of drug addicts who aren’t thinking rationally, it’s very unrewarding and risky to be a low-level thief.

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