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

In general, credit card fraud is relatively easy to point down. If a pizza restaurant employee is going to steal a card number, chances are they’re trying to steal multiple. If law enforcement gets involved and notices that a few cardholder’s has a stolen number and all ordered pizza that same day, that employee might be in hot water.

Many online websites will verify part of the billing address as well, which isn’t often collected over the phone

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