DO YOU WANT KNOW WHAT IS CVV? LET’S DIG IN
What is the CVV code on the card?
English abbreviation CVV stands for Card Verification Code - the security code of a bank card. These are three (rarely four - for example, American Express) numbers. The code is used for additional identification of the owner when shopping on the Internet. You can also buy cvv online from cvv shop online for your temporary non trace use.
There are many variations of CVV code with the same action:
CVV2 code - stands for Card Verification Value, in Russian - “Card Verification Value”. Used for cards of the international payment system Visa.
CVV2 code - used for MasterCard international payment system cards.
The CID code — Card Identification (“Card Identification”) —is used for American Express cards.
CVP2 code - Card Verification Parameter ("card security parameter") or MirAccept - from the cards of the national payment system "World".
Similar technical solutions are used by all other payment systems in the world (Maestro cards stand alone, where there is no verification code, but these cards are hardly used for payments on the network). The CVV code is considered the personal information of the card holder and is protected accordingly. The Bank is not entitled to transfer information about client card codes to third parties.
CVC / CVV code is located on the back of the card is also not just. In many stores there are surveillance cameras above the cash register. The code placed on the back side does not get into the sights of the lenses, as well as the seller’s eyes.
The identifier on the back of the card is considered to be an additional protection, since without its entry it is impossible to make an online payment. At the same time, this is a risk factor, since the code is stamped on the card itself, and if the “plastic” falls into the hands of an intruder, all the information necessary to make the payment will be available to it. Therefore, in order to secure your funds, never hand over the card to strangers. And if you transmit, then try to make the person visible and you can see what he does with your card.
How does the CVV code work?
The three-digit code is applied when shopping in online stores, online payments and transfers from card to card through the C2C and P2P systems.
The algorithm of its use is as follows:
We go to the website of an online store or organization whose services we are going to pay for.
We find the right product or service, select / put in the basket, enter all the necessary contact information. We confirm the choice. Choose the type of payment - card.In the order payment window that opens, enter the card details: its number, expiration date, owner's first and last name (just like on the card) and - CVV code. Without it, the payment cannot be made.The system generates a code that is sent to the cell phone number associated with the card. You enter it in the appropriate window, and on this payment is completed.
Note that payment systems do not store data on CVV codes of participants in transactions - this information is used one-time for a specific payment and is not saved.