Was reading about how this happens with Costco all the time. How whenever people buy digital giftcards they are stolen & redeemed very quickly – and Costco can’t / won’t do anything about it.
I’d understand if it was a physical card, but how are digital cards stolen? From my understanding, Costco doesn’t even create the gc # until after the gc is purchased. How can thieves just predict what a giftcard number will be and also when it’ll be redeemed?
In: Technology
They use bots that are constantly trying random card numbers, eventually they will get one that exists but hasn’t been redeemed yet.
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