What is the use of CVV in Credit Cards?

Credit Card CVV
CVV code icon with credit card and magnifying glass

Ever thought why CVV is so important in a transaction. A lot of transaction cards have a CVV number on them. Not many of them know the real use of the CVV number. Today we shall be studying what a CVV number is and why it is so important. Let’s get started.

The Importance of a CVV Number

CVV is an abbreviation that stands for Customer Verification Value. It is a 3 digit figure marked over the body of transaction cards. The primary purpose of the CVV number in a transaction is to secure transactions from a third party. The third party is none other than the hackers who intrude into your account. It is effortless for hackers to get access to your bank details without any effort. 

The hackers, by using the bank details, can easily transact the desired amount from your bank account. To avoid such circumstances, the banks provide their account holders with CVV number to protect the transaction. The CVV number is imprinted on the transaction card, which the hacker cannot access, unlike the credit card number generator where it is much visible in the front panel of every credit card.

CVV are created to protect your credit card from hackers
Hacker with laptop computer stealing confidential data, personal information and credit card detail. Hacking concept.

The account holder is required to enter the CVV number of the transaction card while making the transaction. By doing this, the transaction becomes a two-party authenticated transaction, and a third party cannot intrude on it. 

Why it is Located on the Back of A Credit Card?

Different transaction cards have different patterns. In many transaction cards, the CVV code is also called by the name of CSC code. It stands for card security code. The CVV number is usually found on the backside of the transaction card. It is either a 3 or a 4 digit character dented over the card.

Below the numbers, you will discover CVV has written on it, which makes it easy to find. A lot of people mistake CVV number with a PIN. There is a lot of difference between these two.

A CVV number has a different task to perform, and a PIN has a different one. Many individuals enter the PIN when asked for CVV. Due to this, the transaction gets canceled, and sometimes the bank blocks the account. Your PIN is a code or a password you use while depositing or withdrawing cash from an ATM. At the same time, a CVV number is used while making online transactions.

The PIN of a transaction card will be generated to you when you receive the transaction card. The CVV is the number that comes along with the transaction card imprinted on it. 

What To Do If It has been Faded?

Many people find that due to a long tenure of usage, the CVV number on the card fades away. In that case, it becomes difficult to make online transactions. To find the CVV number immediately, all you can do is tilt your card to a different angle to get its reflection. In truth, you can generate valid credit card numbers here.

The ink used to print the CVV number is not indelible. All you have to do is tilt your card, and you will find a light reflection of the number’s impression on the card. But after this also if you face difficulty, then it is excellent and great to visit the nearest branch of your bank.

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