Re: [OM] notice

[Jim Couch]

Actaully, what it does is it proves that you have the physical card. It's use is
to reduce the amount of card NUMBERS that are stolen via various methods. It
ensures that the person actually has that card.

John Hudson wrote:

> John Hermanson wrote:
> >
> > This seems like the obvious way to reach everyone at once.  Anyone on the
> > list who may have an open repair with me (and are paying by Mastercard or
> > Visa) will have to supply the 3 digit security code which is to be found in
> > the signature box on the back of your card.  Also please supply the zip code
> > of your billing address.  New security rules put in place by my credit card
> > processor require this info or  charges cannot go through.
> >
> > Thank you!
>
> Very recently a vendor in Canada asked that I provide him with this
> three digit number from my Visa card. Upon checking with the Canadian
> Imperial Bank of Commerce [one of Canada's major banks] I was told that
> such request should be rejected outright because it had nothing to do
> with the integrity of the card number or the creditworthiness of the
> account.
>
> jh
>
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--
Jim Couch
Tacoma, WA USA



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