Thursday, December 8, 2011

Role of CVV number in credit card for online transaction?

Is it normal for an flight booking operator to ask your credit card CVV number to complete the payment transaction? Isn't the card number and expiry date enough? (The flight operator in this case was goair.in)|||Anyone can steal the credit card number and attempt to use it, all they have to do is see the front of the card, and that is the easy way. The CVV code is an added security measure to make sure that you have the actual card in hand when making the purchase.|||Yes. It proves you have physical possession of the card while you are making the transaction. The CVV number is developed from the credit card number itself (secret formula). No CVV number indicates you may be using a valid, but fake computer generated credit card account number.|||No. Using the CVV shows that you have the actual card.

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