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What Is Card Cloning? | cloned credit cards for sale
cloned credit cards for sale Credit card cloning or skimming is the illegal act of making unauthorized copies of credit or debit cards.
This enables criminals to use them for payments, effectively stealing the cardholder’s money and/or putting the cardholder in debt.
To do this, thieves use special equipment, sometimes combined with simple social engineering. Card cloning has historically been one of the most common card-related types of fraud worldwide, to which USD 28.65bn is lost worldwide each year – projected to increase to USD 38.50bn by 2023, according to Nilson Report.
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