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Saturday, April 14, 2012

What Is Credit Card Security Code

The card security code is a sequence of steps that merchants can take to prevent fraud and verify that the transaction is being placed by the real credit card holder. The only way for a credit card holder to offer the security code is to actually be in control of the credit cards.

Credit Card confirmation requirements are important protection measures designed to secure your credit card accounts. The code is a three digit number that appears at the end of the consideration number on the back of the credit cards. It helps us validate that our client, presumably the legitimate credit card holder, has the actual cards in their control when making an online purchase or using our printable purchase form. The Credit Card Verification Code is on the back side of your credit cards in the trademark remove. Find the sequence of numbers produced in the trademark remove. At the right end of the variety is a group of three digits; these three numbers are your Credit Card Verification Code.

However, where you find the security code depends on the credit cards. For Visa, Master Card, and Discover, the credit card verification code is usually the last set of numbers in the numeric string in the trademark field on the returning of your credit cards. An American Express card's verification variety is four numbers long and is produced on the front of the credit cards. This verification value is only present on more recent cards. If you have an older credit cards, it is possible that you do not have one of these requirements. In this case, call the credit card provider directly to have a new code issued to you.

The Credit Card Verification Code is not encoded into the magnetic remove on your cards, so it is not picked up by cards readers and, since it is not part of your consideration variety, it will not be produced on any sales receipts or billing statements. You must have the cards in your control to see and use the code. When we process the charge with your bank, they check the code to see if it is correct. This validates that our client had the credit card in their control when they placed the transaction.

Since the code is a protection feature, just like your PIN number, you will want to secure it. Generally, provided that you have a secure connection, you can safely offer it during online transactions. The merchant is prohibited, for protection purposes, from storing the code. However, never offer it to anyone, whether you know them or not, even in an e-mail.

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