The act of illicitly obtaining and using credit cards and its information to steal funds from the bank account(s) of the other person is regarded as “Carding”. The carding and its smoothness all depend upon skill and experience of the carders and they have to perform various steps to bring out the best of their expertise. As a result, the carders have to undergo several trials and errors until they can figure out what all processes they would require to conduct an effective carding. The resources and tutorials available on the dark web highly help them in their intensions. But sometimes, these tutorials and resources might end up causing cyber crime to an extent greater or lesser.
Carding operates on the same principle where for the learners; the first step to perform carding is to acquire credit cards which can be done via the dark web. Depending on the platform from where you want to Cashout on, you have to possess knowledge on the origin country of the credit card, the location of the card holder cashing out that is determined through the IP address and follow the rules and the regulations of the website from where the Cashout will be processed. It has been made easier for the learners through the YouTube videos and blogs that contained the information and are for sale. But the newbies must handle everything with care due to the fact that the increasing number of rippers or scammers is all set to scam them.
Depending on the motive of carding, the carders spot out the platforms that have a weak security and bypass various verification stages. While some carders use the credit cards to purchase items from various online shopping stores like Amazon and Ebay, others prefer buying Bitcoins and the third set of carders will employ the money transfer platforms like Moneybookers (Skrill), Neteller, Webmoney or Payoneer