CVV क्या है और कैसे काम करता है-

Do you know what is CVV and why it is so important to keep information about it? To get more information on this topic, you will have to read this post completely CVV and I hope you will learn a lot by reading it.  When you ever shop in a retail store, you have to provide your credit card or debit card, but do you try to know what is written in that card. for example What is a CVV number, card expiration date, etc. Often we raise these cards for further payment. Swipe your cards into the terminal and confirm your payment. When you use your credit card or debit card internet or phone, you will need to know about these three things to complete the transaction: Your credit / debit card number Card expiration date CVV code, or security code When you are asked about security codes during a phone agent, mail catalog company or online checkout, then they refer to the same CVV, or Card Verification Value or code. So today I thought why you should give full information about how people use CVV code or CVV so that you do not have to face any difficulties related to it, then let's start.

What is CVV- Do you know what CVV means? The full form of CVV ​​is Card Verification Value. This is a new authentication process, which has been established by credit card companies, to minimize fraud and stop them during the internet transactions. For this, Card Holder has to enter the CVV number during transaction time to verify your card. This CVV code is a security feature that is used for "card not present" transactions (such as Internet transactions), and it is currently available in most major credit and debit cards. This new feature is a three or four-digit code that provides a cryptographic check, for card information. Therefore, this CVV code is not a part of that card number, just a security check. This CVV code provides us the correct information about the actual card holder. This shows that the customer who is making the order place is the real owner of the card and is using the card account correctly. Each credit card company has its own name for the CVV code, but does the same thing as if it were the card of any major company. For example, VISA calls its code CVV2, same MasterCard introduces it to CVC2, and American Express names it as CID. In a back panel of Visa / MasterCard cards, a full 16-digit account number, after which it also contains a CVV / CVC code. Some banks only show the last four digits of your account number which has the code behind it. To prevent the misuse of credit card, we need the digit code of 3 or 4 which remains behind the credit card. Whenever you save the information of your credit card or debit card, your data is kept secure from a digital certificate that is certified Secure Socket Layer (SSL) technology.

Where is the CVV Code in the card- You should have come to the SVV code of what is the CVV Code, but these questions often ask which place is found in the CVV code card. Its a simple answer is that this card is found in the previous or front panel. This code is a numeric code with 3 or 4 letters, which is given place after your card number. It provides a lot of safety on where we Physically card is not required for transaction. Here the user should not only be aware of your card number and expiration date, but it is also mandatory to know the CVV code to complete the transaction with you. This shows that the person providing the card is the real owner of the card. Your PIN is not CVV Code People often get annoyed with the card's pin number and CVV code. Because both codes seem to be similar. But there is no point in pointing out here that your CVV code has no contact with your PIN number. PIN number is used to access your credit and debit card account in ATM Machine. Therefore, note that do not enter your PIN number anytime where you are asked about the CVV code and do not enter your CVV code where you have been asked for a PIN number. Otherwise you may have to face inconvenience.

What is CSV Code- The full form of CSV is "Card Security Value", and this is an unique security number with a three or four digit, similar to that of CVV. It is found in the front of the card or in the back. This is a code similar to the CVV code that has been created with the security purpose. There are different official names of this number in different payment systems.

What is the difference between CVV and CVC Number- By the way, there is not much difference between the Card Verification Value (CVV) and the Card Verification Code (CVC), but it is very similar. Both of these numbers are printed in the back of the card and its main purpose is security verification processe. As a result, the credit card or debit card Frauds can be stopped to a great extent. CVV or CVC is mainly divided into two codes, which is CVC1 / CVV1 and CVC2 / CVV2. Where CVC1 / CVV1 is used for card present transactions. This shows that the Card Holder is using the same card. Only CVC2 / CVV2 is used by online merchants to complete the transaction when the card holder is active in any call, mail or internet. (When the cardholder is not physically present) Do all Internet merchant need a CVV code? No. The use of the CVV code is not mandatory, and it depends on your internet merchant, they do not even need this CVV code. But most online merchants need this code, apart from this, your credit card number and expiration date are also required which makes the transaction more secure.

Where CVV numbers are used - All financial institutions who issue credit or debit cards issue have developed a system that provides each card an unique CVV code. This code is used to complete monetary transactions, which are made from that card. CVV number Card often has the back side of the card at the top of the magnetic strip. This suggests that the card is physically located near the real user when the transaction is running.

CVV protects you from being Fraud- The main purpose of the Debit and Credit cards is payment processing in online transactions and other virtual payment gateways. These portals are not permitted to save your information like card number, CVV number, because it is against their Payment Card Industry Data Security Standards. So even though your vendor has all the details of your card but they can not access your CVV number. It becomes impossible to misuse your card. So if there is an attack on the data security company, which is a credit card or debit card issue, since your CVV number is not stored in their databases, so even if information about your credit card is leak, Can not complete transaction without having.

What are the drawbacks of CVV- The only drawback of this is that if the credit card is completely duplicated, the fraudster can also access the CVV code of your card and misuse it, even if its magnetic stripe is present. . If you are satisfied with the information given to us, then please share this article with your friends and relatives so that they can avoid bigger fights. If you have any questions, suggestion in the comment box Thanks
Post by- www.thetechnicalhouse.com