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And that becomes industrial, as someone takes 50 thousand cards, and then steals $20 from each. Then the next store takes another $20... Fraud is already a big

And that becomes industrial, as someone takes 50 thousand cards, and then steals $20 from each. Then the next store takes another $20... Fraud is already a big business, with the current security levels. With worse security? Fraud goes up some more.

konschubert 2y ago
Why are you thinking cards? A modern payment system would require at least touch/Face ID on every transaction. Higher amounts would require 2FA, pre-authorization, delays, cool-downs etc.