The moment they've got your card’s magnetic stripe information, they utilize a magnetic writer to transfer it onto a blank card, making a physical clone that capabilities like the original.
× The provides that surface During this table are from partnerships from which Investopedia
Obtain your free of charge credit rating score and report A every month absolutely free credit score is accessible as Portion of Equifax Main Credit™. You are going to also get a regular Equifax credit score report - no bank card necessary.
This thorough knowledge allows fraudsters to bypas