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

Most employees are busy with their jobs and don’t have time to pull off credit card fraud like you describe. The risk is far too high and the rewards far too low to bother when they’ve just dealt with five other calls in the past ten minutes exactly like yours.

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