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What Is a CVV Number on a Credit Card?

A CVV, or card verification value, is a three-digit number on your credit or debit card that helps to verify that you actually possess the card. If someone steals your credit card number but doesn't have the associated CVV number they can't make purchases online because merchants require this information for transactions (some physical stores do as well).
In this day and age, where privacy seems to be a thing of the past, it's important to protect yourself from identity theft whenever possible. We all know that online purchases can leave us open for potential credit card fraud but do you know how your information is protected when shopping online? Shopping online offers a variety of conveniences – including 24-hour purchasing and digital content – but can leave your credit card data vulnerable to hackers if you're not careful.
Understanding Card Verification Values (CVVs) – What Is a CVV Number?
One of the many protections we have when we shop online is the requirement for merchants to be verified by the issuing bank before gaining access to consumers' credit card information. The merchant sites will use a system known as 'CVV2' to make sure the consumer has the physical card in their possession (this is different than e-commerce security systems, which protect you when you shop on any site).
This verification requires some identifying information about your account, including your billing address and the last four digits of your social security number (or driver's license number). In addition, merchants also need the three-digit CVV code that is located on the back of your card above your signature.
This extra layer of security means that someone who has your credit card number but not your physical card cannot make any online purchases – they would need the CVV to complete a purchase. This is why it's important to keep your physical card in a safe place, especially if you're doing any online shopping.
The best way to protect yourself from fraud is to use a credit monitoring service, like Experian CreditWorksSM, which can help you keep tabs on your credit. In case you do become a victim of fraud, the service can help you deal with consumer protection agencies and other organizations that may be able to get your money back.
Why Is a CVV Number Important?
The reason cardholders are required to enter their CVV number is because it helps confirm that someone actually has the physical credit card in hand. If someone has your credit card number but not your physical card they won't be able to complete a transaction at the checkout page because the merchant will ask for this information, called CVV2, before completing your order. This is an extra layer of security designed to protect consumers from unauthorized purchases made with their credit card numbers, which is why it's important to keep your physical card in a safe place.
What Is the CVV Number on My Credit Card?
The CVV number on your credit card is a three-digit number that is located on the back of your card above your signature. This number helps verify that you have the physical credit card in your possession and is used as an extra layer of security for online purchases. Keep your physical card in a safe place and be sure to enter your CVV number when making any online purchases.