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3.4 CCV security codes.
What is CCV?
AUTHORISED SIGNATURE
4000 0012 3456 7890 123
The CCV is a three or four digit value printed on
NOT VALID UNLESS SIGNED
a payment card (usually on the signature panel),
used to verify card-not-present transactions.
CCV security codes are a way to lessen the risk of
fraud and chargeback when the cardholder is not
physically present.
CCV
A CCV security code is printed on the card but
does not appear on receipts. When you key in the CCV code, a check is made that the
code matches the card number. This gives greater assurance that the customer is in
possession of the card.
Note:
•
CCV (Card Check Value) is also known as CVV and CVC.
Where can I find the CCV security code?
Some cards, for example Mastercard and Visa, have a three-digit CCV printed on the
signature panel on the reverse side of the card. Other numbers may precede the CCV.
The last three digits on the signature panel are the CCV.
Other cards, for example American Express, have a four-digit CCV on the front of the
card, above the account number.
Some cards do not have a CCV.
Should I save CCV security codes?
No. It is prohibited to store the CCV codes. They must remain secret. You must not
write them down or save them electronically. Doing so might lead to heavy penalties.
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WESTPAC EFTPOS 1i TERMINAL USER GUIDE
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