The CVV (Card Verification Value) is a three or four-digit security code printed on the back of your Security Bank card. It's located on the signature strip, usually near the magnetic stripe.
Why is the CVV important?
The CVV helps protect you from unauthorized online and phone purchases. When you make a purchase online or over the phone, the merchant will ask for your CVV to verify that you are the legitimate cardholder.
How does the CVV work?
When you enter your CVV during an online or phone transaction, the merchant sends this information to the card issuer (Security Bank) for verification. The card issuer checks if the CVV matches the one associated with your card. If the CVV matches, the transaction is approved. If not, the transaction is declined.
Protecting your CVV
- Never share your CVV with anyone.
- Keep your card safe and secure.
- Be cautious of phishing emails and websites.
- Report any suspicious activity to Security Bank immediately.
By following these simple tips, you can help protect yourself from fraud and keep your money safe.
