Fraud protection in this case doesn't mean protection against having your card copied, it means protection when you've made a purchase and didn't receive the product you were promised.
Which payment method would you prefer to use for an online purchase: One where you have no chance of getting your money back if it turned out to be a scam, or one where you have protection against this?
Which payment method would you prefer to use for an online purchase: One where you have no chance of getting your money back if it turned out to be a scam, or one where you have protection against this?