CVV and if transactions can be made without them

 

 

CVV and if transactions can be made without them

Introduction

CVV codes are just an added security for your credit card. They are normally used in online purchases but some merchants do not care about them. Because they are not needed for credit card processing, merchants can decide to do away with them. Some merchants avoid CVV codes for fear of reducing conversions. Although there are merchants who do not care about the CVV codes, you should never make the mistake of shopping and making purchases with such websites. For your credit card safety, a CVV number should be used.

The process that merchants take when they are processing a card-not-present transaction

The first thing that the merchant does is to capture the card information from the customer. At this point, the merchant can request the fresh cvv code or not. If they do, you will have to give them the last three digits at the back of your CVV card.

The second thing that they do is send the merchant's details to the acquiring bank. This is where the bank needs to authorize the information first before the transaction is completed. Together with the authorization request, the merchant sends a valid cvv indicator to give direction on whether the CVV code should be included or not. The request is then sent to the credit card association. The association then sends the request to the issuer.

When the card issuers receive the request, they decide whether or not they are going to approve the transaction. After they have checked all the information very well, they send their response the same way they received with a reply of whether the transaction should be completed or not. valid cvv