Card security code: Difference between revisions

Revision as of 21:51, 24 April 2023

Revision as of 21:55, 24 April 2023

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* The second code, and the most cited, is CVV2 or CVC2. This code is often used by merchants for [[card not present transaction]]s including online purchases. In some countries in Western Europe, card issuers require a merchant to obtain the code when the cardholder is not present in person. Uses service code 000.

* Contactless and/or chip [[EMV]] cards supply their own electronically generated codes, called iCVV. Uses service code 999. It is described in public standards from EMVCo.

* Consumer Device Cardholder Verification Method (CDCVM for short) is a type of identity verification in which the user's mobile device (such as a smartphone) is used to verify the user's identity; for example, it can use the device's [[biometrics]] authentication features (e.g. [[Touch ID]] or [[Face ID]]), or for Samsung Pay the device's set [[passwordSamsung Knox|passcodeKnox]] passcode, which is different from Android lockscreen PIN. It is supported by a number of payment systems, such as [[Apple Pay]],<ref>{{cite magazine|url=https://www.wired.co.uk/article/apple-pay-uk-payments-cap|title=Apple Pay £20 limit in the UK will 'change over time'|magazine=Wired UK|date=2015-06-24|accessdate=2022-06-24}}</ref> [[Google Pay (payment method)|Google Pay]]<ref>{{cite web|url=https://www.avira.com/en/blog/breakthrough-mobile-payments-google-pay-launched-in-germany|title=Breakthrough for mobile payments? Google Pay launched in Germany|website=[[Avira]]|date=2018-07-17|accessdate=2022-06-24}}</ref> or [[Samsung Pay]]. (Samsung Wallet),<ref>{{cite web|url=https://www.sammobile.com/news/samsung-pay-australian-users-allow-high-value-purchases-without-pin/|title=Samsung Pay now allows Australian users to make high-value purchases without PIN|website=SamMobile|date=2020-09-22|accessdate=2022-06-24}}</ref> and many other apps from banks or payment systems like russian Mir Pay. The amount of operation is also shown on your device after or even in some rare cases before you unlock to purchase. Also online purchases are supported. The fallbacks to CVC or PIN are supported, but the use of CDCVM biometrics allows to remove limits for PIN input.

* Emulation of magnetic stripe done by Samsung Pay was recently removed from modern Galaxy phones

== Location ==