: Some criminals take physical cards from retail racks, remove the preprinted numbers, and emboss them with stolen credit card information. They then damage the magnetic stripe so a cashier must manually "key in" the transaction, effectively using the stolen credit card as if it were the gift card.
: Cards are sold on marketplaces or the dark web at a discount (often 60–80% of face value) for cryptocurrency or cash. buying gift cards with stolen credit cards
: Fraudsters use stolen credentials to buy digital gift cards. They often use bots or "bulk-buy" tactics to obtain as many cards as possible before the stolen credit card is flagged and blocked. : Some criminals take physical cards from retail
: Stolen gift cards are typically used or resold on the same day they are purchased to stay ahead of bank disputes and chargebacks. Monetization and Resale : Fraudsters use stolen credentials to buy digital