3 digits on the back of credit/debit card

[Juno]

i was trying to pay my bill thru phone so i called the service and it asked me to confirm the 3 digits on the back of my credit card to continue the payment or my credit card will not be charged.

i hang up immediately because i don't know if it is safe to tell people my 3 digits on the back of my credit card.

is it okay to use them?

*bites teeth*

-juno

 

[pravi333]

not sure how secure it is to use them, but every online purchase i've made asks for them. I use a low balance credit card for online purchases.

More over credit card companies are good in doing a stop payment or refunding the money in case someone misuses your card.

 

[ISAslot]

Sounds normal to me, unless you don't trust the company.

 

[ViviTheMage]

hmmmmm

 

[Dacalo]

Originally posted by: Juno
i was trying to pay my bill thru phone so i called the service and it asked me to confirm the 3 digits on the back of my credit card to continue the payment or my credit card will not be charged.

i hang up immediately because i don't know if it is safe to tell people my 3 digits on the back of my credit card.

is it okay to use them?

*bites teeth*

-juno

I guess you haven't used your CC too much. That is a standard procedure. I pay my sewer and water bills via phone with my CC and they all ask for it, not to mention paying for anything online.

They probably think you stole the CC number since you hung up immediately when they asked for it, LOL.

 

[mcvickj]

"CCV is a new authentication scheme established by credit card companies to further efforts towards reducing fraud for internet transactions. It consists of requiring a card holder to enter the CCV number in at transaction time to verify that the card is on hand."

Considering you initiated the call I would assume it would be save to give them the CCV number. If it was the other way around I would be a little hesitant.

 

[vital]

create a virtual account number

 

[akshatp]

So you had no problem giving them your ACTUAL credit card number, but balked at the point when they asked you for the CVV???

Of course its safe... Its there for your protection. The point is that by providing the CVV code that proves that you are holding the card and not just reading the 16 digit number off of a credit card slip that you found in the trash or something...

Besides, if you do see an unauthorized charge, just call the CC company and dispute it and they will take it off... I dont see what the big deal is or why people use "low balance" cc's for online shopping. You aren't liable for any unauthorized charges. I use my $25k limit AmEx starwoods for everything. Once I see a charge on there that isn't mine, the worst thing for me will be getting a new card with a new number..

 

[Old Hippie]

I guess you haven't used your CC too much. That is a standard procedure.

:thumbsup:

 

[jdini76]

how do you bite your teeth?

 

[LS20]

Originally posted by: vital
create a virtual account number

word. get a citi card

 

[edro]

Originally posted by: jdini76
how do you bite your teeth?

LOL.

Yes, asking for the 3 digit code is standard. It is another fraud prevention measure.

You called them... It's not like they called you.

 

[chuckywang]

Originally posted by: mcvickj
"CCV is a new authentication scheme established by credit card companies to further efforts towards reducing fraud for internet transactions. It consists of requiring a card holder to enter the CCV number in at transaction time to verify that the card is on hand."

Considering you initiated the call I would assume it would be save to give them the CCV number. If it was the other way around I would be a little hesitant.

That's stupid. Why not just make CC numbers 3 digits longer?

 

[akshatp]

Originally posted by: chuckywang

Originally posted by: mcvickj
"CCV is a new authentication scheme established by credit card companies to further efforts towards reducing fraud for internet transactions. It consists of requiring a card holder to enter the CCV number in at transaction time to verify that the card is on hand."

Considering you initiated the call I would assume it would be save to give them the CCV number. If it was the other way around I would be a little hesitant.

That's stupid. Why not just make CC numbers 3 digits longer?

Because you don't understand the point of having the CVV.

 

[DivideBYZero]

Originally posted by: jdini76
how do you bite your teeth?

 

[Special K]

Originally posted by: chuckywang

Originally posted by: mcvickj
"CCV is a new authentication scheme established by credit card companies to further efforts towards reducing fraud for internet transactions. It consists of requiring a card holder to enter the CCV number in at transaction time to verify that the card is on hand."

Considering you initiated the call I would assume it would be save to give them the CCV number. If it was the other way around I would be a little hesitant.

That's stupid. Why not just make CC numbers 3 digits longer?

I'm guessing it's because it's possible for someone to capture your CC number without actually having the physical card in their possession.

It's like where I work - they give us these key generators that generate a new random number every few seconds. To access the company network remotely, you must provide both a password and the current number on the key generator. This makes it harder for someone to gain unauthorized access because they must have something you know (the password) and something you have in your physical possession (the keycode).

 

[Mark R]

Originally posted by: chuckywang

That's stupid. Why not just make CC numbers 3 digits longer?

Because the CCV is not part of the CC number - it is a separate number that is never recorded as part of a transaction. It is only used to check whether the card is present at the time of the transaction.

The only place this number should ever be seen written down is on the back of the card to which it belongs. It is not allowed to appear on receipts, sales tickets, and must not be recorded in computer databases, etc.

This means that the CCV should not be stolen via common card 'duplication' techniques - e.g. finding a sales receipt, or hacking a database.

 

[MrChad]

Originally posted by: akshatp
So you had no problem giving them your ACTUAL credit card number, but balked at the point when they asked you for the CVV???

That was my question as well.

 

[Juno]

Originally posted by: akshatp
So you had no problem giving them your ACTUAL credit card number, but balked at the point when they asked you for the CVV???

i don't really pay something online especially newegg and paypal.

Originally posted by: jdini76
how do you bite your teeth?

spork?

 

[Homerboy]

WTH... anytime you buy anything online or via phone you are required to provide those numbers.
You give them all the numbers but heaven forbid the CVV? Think of it as just 3 more numbers on your account number (4 if its AMEX)
Welcome to 2001