Full Version: What is C V V 2? (Sticky)

From: Dave Jones (DAVERJ) [#14]
 7 Apr 2006
To: Semi-Accurate Engraver (LONEHAWK) [#12] 7 Apr 2006

The CVV2 number is the "Card Verification Value". It is a 3 digit number on the back of a VISA or MasterCard, or a 4 digit number on the front of an American Express card. Most credit card companies use it as part of verifying that the card number is real.

From: UncleSteve [#15]
 7 Apr 2006
To: Semi-Accurate Engraver (LONEHAWK) [#12] 7 Apr 2006

The CVV2 is printed on the card and not part of the embossing. The theory being that even if the card is run through a machine at a prior time, the card number can't be used unless the person has the card in hand to read the CVV2 directly from the card... in other words, it is supposed to confirm the physical card is there for the transaction.

From: Semi-Accurate Engraver (LONEHAWK) [#16]
 7 Apr 2006
To: UncleSteve [#15] 8 Apr 2006

Aha. Thanks all. That clears that up. I've seen that number but never really new what it was for. (It's probably obvious by now I don't do any buying or selling online.) :-$ 

From: Stunt Engraver (DGL) [#17]
 7 Apr 2006
To: Semi-Accurate Engraver (LONEHAWK) [#16] 8 Apr 2006

Tony,

I always appreciate it when a company asks for the verification number, (when ordering by phone), or when a salesperson asks for my I.D., to prove I'm really the person, whose name is on the card.

Not enough people do, and that lack of verification, represents fertile ground for CC fraud.

From: Ken D. (KDEVORY) [#18]
 8 Apr 2006
To: Semi-Accurate Engraver (LONEHAWK) [#16] 8 Apr 2006

Many times the rates paid by a vendor to a credit card company are based on risk. Card swiped = lowest risk, Not swiped & no verification number = highest risk. Legally a vendor is not allowed to store or maintain the verification number.

From: Semi-Accurate Engraver (LONEHAWK) [#19]
 14 Apr 2006
To: Stunt Engraver (DGL) [#17] 15 Apr 2006

I agree. I don't use credit cards much, but the few times I do I watch or pay attention to what's going on like a hawk. (pardon the pun). Almost every week I hear about some credit card scam someone has pulled on the news ( I read the news every morning before work with my coffee) and it just makes me want to chuck the whole credit thing alltogether. Unfortunately, in today's world, you NEED credit for some things.

"It's not being paranoid when you KNOW they are all out to get ya!" :P 

From: Cindy (CINDYM) [#20]
 4 May 2006
To: Semi-Accurate Engraver (LONEHAWK) [#12] 13 May 2006

I've never run across the term CVV2 - we have always referred to that verifying number as the 'V code' and when we ask clients for their 'V code" number, they always have known what we are after. You learn something new here every day.

Cindy M

From: Trophyman [#21]
 22 Jun 2006
To: Cindy (CINDYM) [#20] 23 Jun 2006

Here in Australia, we have the option of having our eftpos machines always ask for the cvv2 number before processing the card.

The option was free, and does not have any ongoing costs

Cheers,

Phil

From: Cindy (CINDYM) [#22]
 23 Jun 2006
To: Trophyman [#21] 16 Feb 2007

Our machines only ask for it with VISA, never MC. Both have the numbers, so don't know why this is. With MC, it isn't even an option to include that number.

Just met a client yesterday who has a nightmare going on with his Chase VISA - it appears someone has gotten a hold of all his information, including SS# and everything but his phone number and is charging up a storm with his card and transferred $7,000 for cash and all kinds of fun. What a horrible thing to have happen to you.

Cindy M

From: Harvey only (HARVEY-ONLY) [#23]
 23 Jun 2006
To: Cindy (CINDYM) [#22] 23 Jun 2006

It all depends on your processor company.

We happen to have a different supplier for the two locations, one requires the manual input of the last four digits of the card, the other does not.

From: Joe (SMITTY61) [#24]
 1 Feb 2007
To: Trophyman [#21] 16 Feb 2007

Our machine asks for the "V" code. It is the last 4 numbers on the back of the card.

From: Engravin' Dave (DATAKES) [#25]
 1 Feb 2007
To: Joe (SMITTY61) [#24] 1 Feb 2007

Joe,

You are correct, but the number on the back of the card could be 3 or 4 numbers.


http://www.expressionsengraved.com

EDITED: 4 Jul 2010 by DATAKES

From: Joe (SMITTY61) [#26]
 1 Feb 2007
To: Engravin' Dave (DATAKES) [#25] 1 Feb 2007

Yep... The last 3 or 4 numbers on the back is the "V" code.

Thanks for clarifying that :>

From: Ron (RBENNETT) [#27]
 8 Apr 2007
To: Rob (AWARDZZ) [#7] 9 Apr 2007

Robert, I have a Meistergram 1912 with an extra controller for parts.
Would you be interested in purchasing it? It runs fine. I do not have any software so I have been running it off Engravelab. I am located in Ann Arbor Mich.

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