carding

carding
 n.— «There’s even a slang term for the whole process of harvesting credit card data via phishing, then converting it into cash: “carding.”…On some popular “carder” Internet-chat channels, anonymous individuals claim to verify the authenticity of stolen credit card data while blacklisting known offenders.» —“Despite Efforts to Contain Them, ‘Phishing’ Scams Spread” by Brian Krebs Washington Post Jan. 19, 2005. (source: Double-Tongued Dictionary)

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Further reading

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