18 Apr 2022 By PAYCEC
A Card Verification Code (CVC) is an extra code printed on the back of your credit or debit card. It commonly has 3-digit and helps to safeguard your card against virtual fraud, identity theft, and unauthorized transactions. The code works by comparing your information to the CVC number to enhance your security from internet thieves.
CCV is an authentication scheme developed by credit card companies to help reduce fraud in internet transactions. It entails requiring a cardholder to enter the CCV number during the transaction to ensure that the card is present.
Depending on the card companies, the Card Verification Code (CVC) may come with different titles. For example: Personal Security Code, Card Security Code (CSC), Card Identification Code (CID), Card Verification Value (CVV), etc.
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