CVV
Table of Contents:
Definition of CVV
CVV, or Card Verification Value, refers to a security feature found on credit and debit cards, typically a three-digit code printed on the back of the card. Also known as the CVV2, CVC2, or CID, depending on the card network, it serves as an additional layer of verification in card-not-present transactions, such as online purchases.
The CVV helps authenticate that the person making the transaction possesses the physical card and is not relying solely on the card number and expiration date. It is a crucial tool in reducing fraudulent activities and enhancing payment security.
What is CVV?
CVV, which stands for Card Verification Value, is a numerical code designed to enhance the security of credit and debit card transactions.
Usually located on the back of the card, the CVV is a three-digit code (or four digits for American Express) that adds an extra layer of verification for online and other card-not-present transactions.
It helps confirm that the individual conducting the transaction has the physical card in their possession, as the CVV is not typically stored in payment records.
This feature aids in preventing unauthorized use of card information and contributes to safer and more secure online payments.
