CVV meaning in Computing ?

Answer:

What is Card Verification Value mean?

A card security code (CSC; also known by several other names) is a series of numbers that, in addition to the bank card number, is embossed or printed on a card. The CSC is used as a security feature for card not present transactions, where a personal identification number (PIN) cannot be manually entered by the cardholder (as they would during point-of-sale or card present transactions). It was instituted to reduce the incidence of credit card fraud.

CSC was originally developed in the UK as an eleven-character alphanumeric code by Equifax employee Michael Stone in 1995. After testing with the Littlewoods Home Shopping group and NatWest bank, the concept was adopted by the UK Association for Payment Clearing Services (APACS) and streamlined to the three-digit code known today. Mastercard started issuing CVC2 numbers in 1997 and Visa in the United States issued them by 2001. American Express started to use the CSC in 1999, in response to growing Internet transactions and card member complaints of spending interruptions when the security of a card has been brought into question.

Contactless card and chip cards may electronically generate their own code, such as iCVV or a dynamic CVV.

reference

Full Form	Category
Creditcard Validation Value	Accounts and Finance
Credit Verification Value	Accounts and Finance
Credit card Validation or Verification	Business
Creditcard Verification Value	Business
Culture Vulture Victoria	Community
Computer Vision and Voice	Computing
Card Verification Value	Computing
Customer Verification Value	Computing Security
Canister Vent Valve	General
Crankcase Vent Valve	General
Contingent Value Vehicle	General
Car and Vehicle Valuation	General
Control Configured Vehicle	General
Commissie Vervoers Vergunningen	General
Cue Validity Variance	General
Colorado Vincentian Volunteers	General
Culinary Ventures Vending	General
Card Validation Value	General
CHERUVU MADHWRM	Indian Railway Station
Candidate Vaccine Virus	Medical
Cheruvu Madhavaram	Transport & Travel