What is the CVV/CVC code on a credit card? Meaning and safe use

Visa and Mastercard are two popular cards today, whereby the CVV/CVC code printed on the back of the card also becomes familiar. However, not everyone knows and understands the meaning of these numbers. So What is CVV/CVC code on credit card? Meaning and safe use how? Let's read the article below to get the answer for you!

What is the CVV/CVC code on a credit card?

CVV/CVC code is printed on the back of the card

First, you need to understand the concept of what is CSC? CSC stands for the English phrase Card Security Code which means the security code of the card. Includes the three digits on the back of the credit card. You need to use this code in case you need to verify related transactions by card, for example online shopping.

CSC is a common name for CVV, CVC and CID, these are all important security codes used for international payments. Therefore, the symbols of these codes all consist of 3 digits printed on the back of the credit or debit card (depending on the case). The meaning of each of these symbols is as follows:

– CVC stands for Card Validation Code, used for verification for Mastercard cards.

– CID stands for Card Identification Number, used to verify American Express cards.

CVV stands for Card Verification Value, used to verify when using Visa cards when having payment needs. Includes both debit and credit cards.

As for credit cards, CVV/CVC numbers are extremely important, having the same meaning as an indispensable layer of security when using credit cards. The advantage of these numbers is that you do not need to use a PIN code but can still make online payments as usual. Therefore, you need to ensure the safety and security of these numbers, to avoid being stolen by fraudsters to perform fraudulent transactions.

Instructions for using CVV/CVC code for safe payment

Use security codes to pay online when making purchases

Surely, many users who use cards for international payments have the same question: What is CVV/CVC code on credit card? Meaning and safe use. Please answer in detail in the information below.

There are many e-commerce websites that allow buyers to pay with international credit or debit cards. Specifically, the steps are as follows:

– Select the goods to buy, go to the payment section and choose the payment method is an international credit or debit card (Credit or Debit Card in English).

– Fill in the information to verify the card and the cardholder, now you need to declare the CVV/CVC code to receive payment confirmation. The form is also different depending on the e-commerce website. Usually some of the information that needs to be verified includes:

+ Cardholder's name: is the embossed part on the front surface of the card, capitalized without accents. Note that when entering on the web, you need to fill in your full name with your stamp for the verification process to take place quickly.

+ Card number: is a series of about 16 to 19 numbers, depending on the type of card and the issuing bank. They are embossed on the front of the card.

+ Expiry date: credit or debit cards can be printed with both issue and expiration dates. Some cards only print the expiration date. Therefore, you need to carefully check the information on the card surface to avoid confusion during the payment process.

+ Enter CVV/CVC code: usually this will be the final confirmation step, limiting forgetting or confusion between codes. In order to ensure safety, as well as high security, some websites now support sending OTP codes to phones.

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Important notes when using CVV/CVC . card

According to a survey from money banking experts, the activity of using credit cards to pay for spending needs is increasing day by day. For example: booking hotel rooms, places to eat, buying airline tickets, etc. However, the security hole when using the Internet for payment has not been completely overcome. The risk of loss of safety when using the card is extremely large.

To protect your CVV/CVC number from the risk of being stolen, here are some simple measures you can take:

– Cover or delete the CVV/CVC number on the card and try to remember it elsewhere. In general, this is the most effective way to avoid being taken advantage of by crooks when they lose their card or accidentally see the code.

– Register for SMS-banking service. If you use this service, you will receive an OTP code sent to your phone every time you confirm a purchase or sale transaction. Therefore, you can control all transactions if not done by you. If card information is stolen and unauthorized use occurs, immediately notify the issuing bank to take urgent measures to block the card.

– Sign the back of the card. With this measure, staff before making payment need to check whether your signature on the invoice and on the back of the card match or not. If the two signatures are the same, you will be allowed to transact.

– In addition, an advice from security experts is that you should limit access to unreliable, low-security websites. Help ensure absolute safety, the security code is CVV/CVC.

Here is a summary of important information to help you answer your questions What is CVV/CVC code on credit card? Meaning and safe use. Hope this knowledge will help you to use the card in the most effective way.