Yes it is. In Europa we use 3d secure some kind of 2fa for credit card payments (online at least, in RL most still use their maestro kind cards) and fraud is more or less a non issue.
Accepting credit card as merchant for years now I only had 2 fraud issues, both using American credit cards.
Accepting credit card as merchant for years now I only had 2 fraud issues, both using American credit cards.