Card Verification Value is the full name of the CVV number. Online transactions need the use of the CVV number, which is written on the back of debit cards. It is advised not to share the CVV code with any unauthorised portals since the number is exclusive to each user. Important information concerning CVV numbers, including where to get it and how to utilise it, has been addressed on this page. To learn more, keep reading.
CVV Number on Debit Card
‘Card Verification Value’ is the abbreviation for this term. Your debit card or credit card has a three-digit number written on the back of it. To successfully complete an online transaction, you must have this number. Due to the fact that each card’s CVV code is distinct, it adds an extra degree of protection to card transactions.
Where is the CVV on a Debit Card?
It’s easy to locate a CVV number on your debit or credit card. The information is printed on the card’s back. To find the three-digit number, which is inscribed right below the magnetic strip, you only need to spin the card. The magnetic strip conceals the first three or four digits of the CVV number, revealing only the final three. Any online transaction must be completed with these three numbers.
The majority of individuals mix up the CVV and debit/credit card PIN. However, unlike a PIN, CVV is not necessary in order to execute a transaction. In contrast to the CVV, which is already printed on the card, the PIN is texted to your registered cellphone number to complete the transaction.
Need of CVV Number
The CVV number on ATM cards and other cards is used to check if the cardholder initiated the transaction or not. Any online transaction must have the CVV number entered in order to be completed. In addition to this, it secures your transactions because only those with a debit card can complete them. It serves as an additional layer of protection and guards against fraud.
CVV on Debit Card – FAQs
No, entering the CVV number is not necessary for offline transactions. This is so that your debit card number, expiration date, and CVV are read from the magnetic strip when you swipe your card at the POS terminal. In these circumstances, you just need to input the OTP/PIN to finish a transaction.
The “Card Verification Value number” or “CVV code” is often a three-digit number. When a debit or credit card is used to make a purchase, the number provides additional security.
The CVV number is located on the back of your credit or debit card. You may check your virtual debit card, which is accessible on the mobile banking app or your net banking page, in case you wish to view your CVV number online.
Card verification value, or CVV. Card Security Code (CSC) and Card Identification Number (CIN) are other names for the CVV number.
Your debit and credit cards each include a three-digit identifying number called a CVV. The number must only be disclosed on legitimate payment platforms because it is necessary to execute online purchases. In addition, it is advised against disclosing your CVV code to unknown payment gateways or agents.
The CVV number is located on the back of your credit or debit card. To find the CVV on a credit card or debit card, go here.
No, the PIN is delivered to your registered cell phone number like an OTP, however the CVV number on a debit card is written on the back. However, both of these are utilised to secure the transaction and validate it.