If you’ve prepared for losing your wallet, recovering from losing just one credit card is actually quite simple. What’s not as simple is discovering when you’ve actually lost a single card. In our current age of electronic commerce, it’s very easy to “lose” your credit card without actually losing the card. Card skimmers can steal your credit card’s data without you ever knowing it. Ecommerce companies, with lax data security, can experience data breaches that result in your credit card data being stolen.
While credit card companies are becoming very savvy in detecting fraud, as they are on the hook for most of it, they can’t catch everything.
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