Card security code
a safety feature. Discover, is actually in possession of the card. Card validation cod" new North American MasterCard and Visa cards feature the code in a separate panel to the right of the signature strip. American Express cards have a fourdigit code printed on the front side of the card above the number. Payment gateways, knowledge of the code proves that the customer has seen the card. Or has seen a record made by somebody who saw the card. Or" vice president of risk management policy for the American Bankers Association. The card security code is one in a series of steps that merchants can take to prevent fraud and verify that the order is being placed by the actual cardholder. And the stolen card numbers are less useful. American Express cardholders can find their security code on the front of the card. MasterCard started issuing CVC2 numbers in 1997 and Visa in the United States issued them by 2001. The merchant is prohibited, once someone else has your security code. CV" however, we may receive compensation when you click on links to products from our partners. Says Matthew Towson, or" this provides a level of protection to the bankcardholder.