Re:Final – A credit card built for the 21st century
by m3sh on Wednesday October 08, 2014 @04:00PM
(#8429115)
this and turkish people don't really have any money at all. so the only way to pay without any money is using credit cards. this is why turkey is a big market for cc companies and they try to use brand new stuff there to lure new customers.
united states in general enjoyed some time where people did little to defraud system and therefore number (and later exp date, later - cvv) was fine. You can't rely on people's integrity and morale now as a safe-guard for system. Same applies to paper checks by the way.
In case of turkey I bet that defrauding was problem from beginning, that's why it was first thing to solve too.
If anything, it just tells that doing tech business in usa will be more fictitious than it could be otherwise.