CV2 stands for Card Verification Value 2.
It is a three or four-digit security code printed on the back of your credit or debit card, usually located near the signature strip.
This code is used to help prevent fraudulent transactions by verifying that the cardholder is physically in possession of the card.
When you make a purchase online or over the phone, you will be asked to enter your CV2 code to confirm your identity.
Here are some additional details about CV2:
- Purpose: To enhance security during online and phone transactions.
- Location: Typically printed on the back of the card, near the signature strip.
- Length: Three or four digits.
- Importance: It is crucial to protect your CV2 code as it can be used to make unauthorized purchases.
Remember: Never share your CV2 code with anyone, including merchants, unless you are making a legitimate purchase.
