Wouldn't be very sensible though...The delivery address would make the fraud easily traceable.
Only if they were silly enough to buy something directly with the card and had it delivered to their address. You can buy all sorts online including cash/other currencies, downloads and even have things delivered elsewhere (eg. amazon locker)
Think how many Daily Mails you could buy with £20 and even more of them when the limit rises to £30. Liverpudlians could, of course, purchase the Sun instead as it their favourite paper and cheaper than the DM so they could buy even more copies:D
Only if they were silly enough to buy something directly with the card and had it delivered to their address. You can buy all sorts online including cash/other currencies, downloads and even have things delivered elsewhere (eg. amazon locker)
Both currency and Amazon would be highly traceable, downloads would be require more work to identify and may lead to a deadend.
Only if they were a business set up with a merchant. You can't just decide to get a merchant agreement, there are quite a few hoops to jump through.
Complete waste of time, as there would be a full trail of everything.
Yes, but it has been done, and mobiles equipped with the facility can be used on forgiven transactions which have no limit. In theory.
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Yes, but it has been done, and mobiles equipped with the facility can be used on forgiven transactions which have no limit. In theory.
The merchant doesn't pay the retailer straight away though, especially not smaller retailers.