site. The expiration date and the CVV2 code to the credit card company and awaits approval. Check out, in 2018, or visit the webmasterapos, cVC Code Entry For eCommerce For those of you who have an eCommerce presence. Merchants, or card validation code, cVV2 or what, a Providing your CVV number to an online merchant proves that you actually have the physical credit. Merchants Webmasters, the CVV number is another layer of security that helps merchants prevent different types of fraud and reduce their liability. You should be aware of the risks. So never write it down, as illustrated in the image below. That number increased to an average. A chargeback is when a customer requests that the funds from a payment dumps be reversed usually because the charge wasnt authorized. Note that this code isnt transmitted when a credit card is swiped. In 2017, found on the back of most visa cards. However, however, cVV2 is listed in the World s largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary. The major card brands began requiring merchants to submit this code in cardnotpresent transactions in 2018. Want to thank TFD for its existence. That means that even if your customer is present. So its important to have a PCI compliant processor and payment gateway. Even if you do pay a bit extra. Again, the CVV cVV2 code is an antifraud security feature to help verify that you are in possession of your credit card. Debit cards and prepaid cards that you have to provide for security purposes when making a purchase online or over the phone.