I give my credit card info to restaurants who deliver to me without thinking about it, but what’s to stop someone from stealing that info?

Question

Obviously I can dispute charges, but is there any other failsafes that stop this? It just seems so odd that I casually give my CC number over the phone, often including the 3 numbers on the back.

In: Economics

Answer 1

There is the fact that many online retaillers will ask/verify at least the ZIP code of the cardholder’s billing address.

Oh and the information you read out isn’t enough to create a magnetic stripe copy, since the security code is not printed on the card itself, and most physical card processing setups will verify the security code and expiration date on the card