Quote:
Originally Posted by ilovejedd
Security code and address isn't always required, although that's generally used by online retailers for greater security. The only information that's really needed is the name, cc# and expiration.
|
And expiration date can be guessed at, in may cases, especially if you're smart enough to know that the first four digits tell you what bank issued it (and thus, what their policies likely are on how long cards are good for).
Security code is largely, but not universally, required for "card not present" transactions, but not, generally, for face to face transactions. And, despite the impression the news might give you, the vast majority of all credit card fraud is done in face to face transactions even today. Many brick-and-mortar stores are also now required to check the zip code (in the US, anyway) for the billing address, but that, too, isn't actually that hard to figure out.