What is CVV on a credit card? Explanation: CVV, CVC, CID

Was ist CVV bei Kreditkarten? CVV, CVC, CID

What is CVV on a credit card? – The CVV (Card Verification Value) is a crucial aspect of improving security when using credit cards.

Where on the card is the CVC / CVV?

The CVV (also known as CVC) is the three or four-digit number that is normally found on the back of the card. With American Express, for example, it can also be found on the front of the card.

This article provides a brief insight into the meaning, functionality, and benefits of CVV to provide a comprehensive understanding of this important security mechanism.

By the way, if you live in Switzerland and still need a credit card, feel free to take a look at our credit card comparison.

Basic aspects of the CVV

The CVV is a special security feature on credit cards mainly used for online transactions. It is a three-digit number combination, which, in most cases, is printed on the back of the credit card in the signature area.

It was a key adaptation in credit card history to the rise of the internet, as the primary purpose of this code is to confirm that the purchaser is actually in possession of the physical card to prevent fraud and unauthorized use of the card. If fraudsters only have a photo of the card, they cannot use it for online purchases.

CVC or CVV for more credit card security

How the CVV works 🛡

When making online purchases, the buyer is usually asked to enter the CVC, the credit card number, and the card’s expiration date. This request is an additional step to verify the purchaser’s identity. The online merchant or payment service provider uses the CVC to verify the authenticity of the transaction.

The CVC serves as an additional layer of security for transactions. Since it is not stored on the magnetic stripe of the card, it significantly helps to minimize the risk associated with the copying of credit card data (skimming).

It is of great importance to never give the CVC to third parties and to ensure that it is only entered on trusted and secure websites.

What is the difference between CVV and CVC for credit cards?

Although CVC (Card Verification Code) and CVV (Card Verification Value) basically fulfill the same function and serve the same security purpose, they differ mainly in the terminology used by different credit card companies.

Visa usually refers to this security code as CVC, while Mastercard prefers the term CVV. Both codes have three digits and are located on the back of the credit card.

Other designations

In addition to CVC and CVV, there are also other designations such as CVV2, CVC2, and CID (Card Identification Number), which are used by other card providers such as American Express.

Many people mistakenly think these different designations have something to do with card cancellations, but they all serve the same purpose, namely to improve the security of online transactions, and differ mainly in their naming and position on the card.

Conclusion 🎓

The CVV (Card Verification Value), also known as CVC or CID, is an essential part of credit card security, especially for online transactions.

The small number combination, which is usually found on the back of the card, ensures that the cardholder is in possession of the physical card, thus reducing the risk of fraud and unauthorized use.

Despite different names from different card providers, the CVV fulfills the same important function everywhere: to increase the security of online purchases. It is, therefore, essential for cardholders to protect this code and only enter it on trusted websites.

In short, the CVV is a small but crucial factor for increased security in digital payment transactions.

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