Credit Card Cloning: What Is It , How It Works, and How to Protect Yourself
Discover a charge on your credit card that you don’t recognize. It could be from a card cloning event. Card cloning predominantly affects credit cards, but this phenomenon may also impact some payment platform cards (like those from PayPal or Zelle). In short, card cloning occurs when the card’s magnetic strip or chip is used in unauthorized transactions. Credit card cloning is a form of fraud, but it differs from others in its more nuanced elements.