The Definitive Guide to clone cards

Introduction
Cloned credit cards are illegal copies of existing credit cards that are created. Cloned credit card have the same magnetic stripe and details as the card they are copying, but they are created with a different account number. They are used in so many activities, including making purchases at stores or online, as well as withdrawing money from ATMs.

Clone cards are a serious problem for credit card companies, banks and consumers. Credit card companies and banks lose money when a fraudulent transaction is made with a cloned card, and consumers can be held financially responsible for unauthorized purchases. To combat this fraud, credit card companies and banks have implemented sophisticated fraud detection systems that aim to identify cloned cards before they are used to make purchases.

This practice is also sometimes called skimming. Thieves copy information at a credit card terminal using an electronic device and transfer the data from the stolen card to a new card or rewrite an existing card with the information. Unfortunately, cloning and related forms of theft have become increasingly widespread in recent decades.

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