Brian Noble
Gratefully in Recovery
- Joined
- Mar 23, 2004
- Messages
- 18,189
They already have a solution. They try to detect fraudulent charging patterns as soon as they can, and they eat the losses that come up as just a cost of doing business. The end customer isn't liable for any of it---legally, they can be liable for up to $50, but in practice, it is usually zero.The real solutions will lie with the CC companies.
It is very likely that this is less expensive than actually trying to stop it. This is one of the instances in which crime does pay, because stopping it isn't worth the trouble.