[153639] in North American Network Operators' Group
Re: CVV numbers
daemon@ATHENA.MIT.EDU (Alexandre Carmel-Veilleux)
Sat Jun 9 14:20:39 2012
From: Alexandre Carmel-Veilleux <acv@miniguru.ca>
In-Reply-To: <5E216124-6B0C-4828-91C9-CDBD2AD39DD7@delong.com>
Date: Sat, 9 Jun 2012 14:18:15 -0400
To: Owen DeLong <owen@delong.com>
Cc: "nanog@nanog.org" <nanog@nanog.org>
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
On 2012-06-09, at 10:56, Owen DeLong <owen@delong.com> wrote:
>=20
> How does having the CVV number prove the card is in my possession?
It doesn't, it merely proves you must have handled the card physically at so=
me point since storing that value in a database is forbidden.
Verified by Visa and the MasterCard equivalent actually "prove" that you are=
the rightful card holder. Unlike CVV numbers, they actually exempt the merc=
hant from chargebacks (or did circa 2003).
Alex
