A three digit number is written on the back side of the debit card and credit card. This is called CVV number. Many people do not pay much attention to this, but this number is very useful.
Nowadays almost everyone uses debit card or credit card. 16 digit numbers are written on its front part. The name and expiry date are also mentioned on the card. Apart from this, a three digit number is also written on the back side of the card. Many people do not pay much attention to this, but this number is very useful. In this case, it is important to take care of it. RBI even says that after getting the card, you should remember the number by erasing it.
That’s why it is important that these numbers are
actually the card verification value (CVV) number written on the back of the card. This is a type of code which is very important for security. It is needed at the time of most of the transactions and without this number the transaction is not completed. If a person pays multiple times from a website, he also saves the card details on it, but CVV is also required to do the transaction twice. This number is not saved and is required in every transaction.
RBI advises you to erase and remember the CVV number on receipt of the card. Because if someone does not know this code, then he will not be able to make online payment with that card. In this way the chances of fraud are greatly reduced.
Prevents fraud such CVV The
CCV number is used as a security key. This number acts as a security layer in the same way as OTP does. Because without the CVV number, no transaction can be done and this number confirms that the cardholder is responsible for the payment at the time of the transaction. Therefore it is necessary to keep this number confidential, so that fraud can be avoided.
