A credit card is a small, rectangular piece of plastic or metal that is issued by a bank or other financial institution and allows its owner to borrow money to use to pay for products and services at businesses that accept credit cards. Credit cards impose the need that cardholders repay the borrowed funds, plus any applicable interest and any other agreed-upon charges, in full or over time, either by the billing date or at a later date. The credit card issuer may additionally provide cardholders with a separate cash line of credit (LOC) in addition to the usual credit limit, allowing them to borrow money in the form of cash advances that can be accessed through bank teller machines, ATMs, or credit card convenience checks.
To obtain card details, the attack uses online payment websites to guess the data and the reply to the transaction will confirm whether or not the guess was right. Different websites ask for different variations in the card data fields and these can be divided into three categories: Card Number + Expiry date (the absolute minimum); Card Number + Expiry date + CVV (Card security code); Card Number + Expiry date + CVV. But we won’t bore you with the unnecessary details, contact us now to get started.