What is CVV Verification?
CVV verification is a security measure used by online merchants to ensure the authenticity of a credit card transaction. It involves checking the three-digit CVV number found on the back of the card.
How CVV Verification Works
When a customer enters their credit card information for an online purchase, the CVV number is sent along with the transaction. The merchant then verifies this number with the issuing bank to confirm that the card is present and valid.
CVV Authentication Process Buying Guide
Why CVV Verification is Important
CVV verification helps prevent fraud by ensuring that the cardholder is physically present with the card at the time of the transaction. This adds an extra layer of security for both the merchant and the customer.