Question

what is cardeing ( 2 mark)
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Answer 1

Answer:

Carding is a term describing the trafficking and unauthorized use of credit cards. The stolen credit cards or credit card numbers are then used to buy prepaid gift cards to cover up the tracks. Activities also encompass exploitation of personal data, and money laundering techniques.

Explanation:

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Answer 2

Answer:

Carding is a type of fraud in which a thief steals credit card numbers, makes sure they work, and then uses them to buy prepaid gift cards. The fraudster may sell the prepaid cards or use them to purchase other goods which, in turn, can be resold for cash.

Explanation:

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