Jim Couch wrote:
>
> 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.
Absent sight of the card how would the vendor / enquiror determine if
the card owner / enquiree was providing the correct number? Can the
three digits be determined from some combination of the credit card
number.
jh
>
> 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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