CVV transaction verification is a security measure used to ensure that the person making an online purchase has physical possession of the credit card. It is a three or four-digit number printed on the back of the card and is used to prevent unauthorized use.
CVV verification helps protect against fraud by requiring additional information that is not easily accessible to someone who has stolen the card information. It adds an extra layer of security to online transactions.
When making an online purchase, the CVV number is entered along with the card number and expiration date. The merchant then verifies the CVV number with the issuing bank to confirm that the card is legitimate and that the cardholder is present.
Always ensure that you are entering your CVV number on a secure website. Look for signs of encryption, such as a padlock icon in the address bar. Additionally, be cautious of phishing scams that may try to steal your CVV number.
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