home page 

 Home |  Books | Free Newsletter | DAILY NEWS | BACK TO DISCUSSION FORUM

banking finance forex rates technology publications Conferences BPO


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.

Post your response

Web banknetindia.com