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CVC2Card Validation Code (credit card fraud prevention mechanism)
CVC2Combat Vehicle Command and Control
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The EMV-based track data stored on the EMV chip does not include the card validation code stored on the magnetic stripe, Billett noted.
Likewise, a number of issuing banks have a one-time or static password requirement on top of the credit card number, expiry date and card validation code as added security, while some acquiring banks would require their own acquiring system and their merchants be on 3D Secure platform.
The Card Validation Code (CVC2), a 3-digit security code used for securing e-commerce and telephone order transactions, is not at risk of being compromised in a PayPass contactless card transaction.