I come from a country where most people don’t have a credit card.
I cannot wrap my head around [this](https://m.youtube.com/watch?v=vmh3_nSR1jU) documentary.
Now I get that credit card fraud *is* a big problem.
But if all you need is the card number to order stuff, and card numbers are so easy to come by as shown in the documentary, then why is not every single criminal in the US running a credit card fraud operation?
It seems super easy and low risk. Get a burner device, order stuff from public wifi, and don’t be stupid about the delivery locations.
In: 548
First, it’s not as easy as it sounds in countries with regular card use (cameras, tracking systems, bank algorithms that prevent buying, second verifications, claims, etc,.) it will probably be easier in places like yours where it’s not so widespread and prevention is not a priority yet.
Second, there are many ways to prevent it. In spain some banks issue cards with no data, literally blank bank cards and all your details are in your phone app. You can create a one off virtual card for purchases. You can use multiple accounts to prevent fraud (this is oldstyle) like keep the money in an account with no access by card and move the money to you card linked account only for what you need.
Third, banks are more than aware, but it’s the same issue as with shoplifting. Since it’s impossible to truly stop it, the “expenses” caused by it are embedded in the clients payments (account maintenance for example) and unless the issue blows out of a certain proportion, they consider it just collateral damage, “part of doing business”
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