A stolen credit card is more likely to hurt the cardholder than a merchant.

Question

A stolen credit card is more likely to hurt the cardholder than a merchant.​

Quizplus · Accepted Answer

While it is true that a stolen credit card can lead to fraudulent charges for the cardholder, merchants can also suffer financial losses if they make sales to a fraudster using a stolen card. In some cases, the merchant may be held liable for fraudulent transactions if they fail to take appropriate measures to verify the identity of the cardholder.

A Stolen Credit Card Is More Likely to Hurt the Cardholder