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CVV2

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
AcronymDefinition
CVV2Card Verification Value (credit card fraud prevention mechanism)
CVV2Card Verification Value 2 (Visa three-digit code)


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Some of the common fraud detection mechanisms are Address Verification (AVS) which compares the customer's address with that on file with the issuing bank, CVV2 which makes use of the 3-digit security code on the credit card (4-digit on American Express cards).
For example, Visa calls it CVV2, MasterCard CVC2, and American Express CID.
The goal of PA-DSS is to help software vendors and others develop secure payment applications that do not store prohibited data, such as full magnetic stripe, CVV2 or PIN data, and ensure their payment applications support compliance with the PCI DSS.
 
 
 
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