Solution to stop credit card frauds (CFP) : Banknet India


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Name :	Ravi Hegde
Subject:	Solution to stop credit card frauds
Message :	I have a suggestion to solve this problem. 1. CVV should not be printed on the card. It should be incorporated electronically on the magnetic strip alone. 2. Whereas the CVV should be sent to the card owner in a secured way like his credit card ATM pin number. 3. Whenever, the CVV is required the card owner will use the CVV which he alone knows. If you follow this method the CVV can not be stolen easily by the people.