is cvc and cvv the same?

A card security code (CSC; also known as CVC, CVV, or several other names) is a series of numbers that, in addition to the bank card number, is printed (not embossed) on a card. The CSC is used as a security feature for card not present transactions, where a personal identification number (PIN) cannot be manually entered by the cardholder (as they would during point-of-sale or card present transactions). It was instituted to reduce the incidence of credit card fraud.

These codes are in slightly different places for different card issuers. The CSC for Visa, Mastercard, and Discover credit cards is a three-digit number on the back of the card, to the right of the signature box. The CSC for American Express is a four-digit code on the front of the card above the account number. See the figures to the right for examples.

CSC was originally developed in the UK as an eleven-character alphanumeric code by Equifax employee Michael Stone in 1995. After testing with the Littlewoods Home Shopping group and NatWest bank, the concept was adopted by the UK Association for Payment Clearing Services (APACS) and streamlined to the three-digit code known today. Mastercard started issuing CVC2 numbers in 1997 and Visa in the United States issued them by 2001. American Express started to use the CSC in 1999, in response to growing Internet transactions and card member complaints of spending interruptions when the security of a card has been brought into question.

Contactless card and chip cards may electronically generate their own code, such as iCVV or a dynamic CVV.

The codes have different names:

There are several types of security codes and PVV (all generated from DES key in the bank in HSM modules using PAN, expiration date and service code):

The card security code is typically the last three or four digits printed, not embossed like the card number, on the signature strip on the back of the card. On American Express cards, however, the card security code is the four digits printed (not embossed) on the front towards the right. The card security code is not encoded on the magnetic stripe but is printed flat.

The CSC for each card (form 1 and 2) is generated by the card issuer when the card is issued. It is calculated by encrypting the bank card number and expiration date (two fields printed on the card) with encryption keys known only to the card issuer, and decimalising the result (in a similar manner to a hash function).[8][9][10]

As a security measure, merchants who require the CVV2 for "card not present" transactions are required by the card issuer not to store the CVV2 once the individual transaction is authorized.[11] This way, if a database of transactions is compromised, the CVV2 is not present and the stolen card numbers are less useful. Virtual terminals and payment gateways do not store the CVV2 code; therefore, employees and customer service representatives with access to these web-based payment interfaces, who otherwise have access to complete card numbers, expiration dates, and other information, still lack the CVV2 code.

The Payment Card Industry Data Security Standard (PCI DSS) also prohibits the storage of CSC (and other sensitive authorisation data) post transaction authorisation. This applies globally to anyone who stores, processes or transmits card holder data.[12] Since the CSC is not contained on the magnetic stripe of the card, it is not typically included in the transaction when the card is used face to face at a merchant. However, some merchants in North America, such as Sears and Staples, require the code. For American Express cards, this has been an invariable practice (for "card not present" transactions) in European Union (EU) countries like Ireland and the United Kingdom since the start of 2005. This provides a level of protection to the bank/cardholder, in that a fraudulent merchant or employee cannot simply capture the magnetic stripe details of a card and use them later for "card not present" purchases over the phone, mail order or Internet. To do this, a merchant or its employee would also have to note the CVV2 visually and record it, which is more likely to arouse the cardholder's suspicion.

Supplying the CSC code in a transaction is intended to verify that the customer has the card in their possession. Knowledge of the code proves that the customer has seen the card, or has seen a record made by somebody who saw the card.

Limitations include:

But have you ever wondered what the CVC on your credit card is and what it’s used for? Then keep reading!

CVC stands for card verification code. It’s a three-digit numerical code printed on the back of credit, debit, and prepaid cards.

Although this number is usually found on the back of the card, including on cards from Visa and Mastercard, on American Express cards it’s on the front.

This code is simply a security measure to verify the authenticity of the card in transactions where it’s not being used physically, such as online purchases, and to demonstrate that it’s the cardholder using it in order to avoid fraudulent transactions. Each card has its own unique and non-transferable CVC or CVV.

Some banks offer options such as a dynamic CVC, which is generated randomly for each transaction. This is a safer alternative because it doesn’t reveal the CVC of the physical card.

Did you know that credit or debit cards have more than one CVC or CVV? Depending on the type of transaction you’re doing, you’ll use one or the other.

These are the two types of CVCs:

There are also other names for the CVC depending on the type of card being used:

As mentioned above, the CVC is a security measure to verify the authenticity of credit or debit cards used in online transactions and to prevent fraud.

To use the CVC of the card, all you have to do is make a purchase online and then provide the CVC in the payment window once you’ve entered the number and expiration date of the card.

Once the process is completed, you may need to authorize the purchase via text message or your bank’s mobile app.

All credit, debit and prepaid cards have a CVC, although often it can’t be read due to wear and tear on the card.

If you find yourself in this situation, contact your bank to request a new card so that your CVC can be read easily.

In case of theft or loss of a card, or if the CVC has simply been erased due to wear and tear, the CVC can’t be recovered, since it’s a unique code.

In these situations, you can request a duplicate card from your bank with a new CVC.

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Card Verification Value or Card Verification code. A Card Verification Value (CVV or CVV2) or Card Verification Code (CVC) is the three- or four-digit security number on the front or rear of a payment card.