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Comment on American Express fails miserably at basic securityparent

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Yes, but for the most part those will be swipe transactions, not online transactions. And they keep an eye out starting at $100 or so because that's when it starts to add up if you fail to spot a fraudulent charge. The majority of online transactions is pretty small though, and falls right in the gap between 'don't care' and 'card issuer spots fraud'.

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