CARD SECURITY CODE.
The card security code (CSC) is usually a 3 - or 4 - digit number,
which is not part of the credit card number. The CSC is typically
printed on the back of a credit card (usually in the signature field).
On some cards, all or part of the card number appears before the CSC,
for example, 1234 567. In this example, 1234 are the last four digits
of the credit card number, and 567 is the CSC.
4 digits on front of card
Visa and Mastercard
last 3 digits on back of card
The number appears only on the card itself (not on receipts or
statements), so provides some assurance that the physical card is in
the possession of the buyer. By using CSC you may be able to reduce
your charge back rates.
CSC is known by difference names with the different card associations.
CSC is known to Visa as the Card Verification Code (CVV2); to
MasterCard as the Card Validation Code (CVC2); and finally to American
Express as the Card Identification Number (CID).
WHAT IS THIS AND WHY
DO I HAVE TO DO IT?
Due to the amount of credit card fraud
over the internet, banks will soon REQUIRE this information to process
credit card orders online - you can expect to see it used everywhere
in the very near future; we just want to get a head start on it. Your
benefit is that it prevents any fraudulent charges using your credit
card, i.e. no one can pick up an old receipt of yours and use that
info to fraudulently use your credit card.
Thanks for your cooperation.
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