Tuesday, September 01, 2009

Credit Card Security

Credit Card usage has its own advantages and convenience. Not to mention, the Credit Card should be also used safely and judiciously, and one should be aware of the risks associated with it.

One important aspect the protection of the CVV number (three digit number found at the back of the card!). Your credit card number and date of expiry can be easily found (from swipe machine etc), but the CVV number is required if the CC is to be used in places where you do not present the card (like online transactions!!). SO PLEASE PROTECT THAT 'CVV' NUMBER BECAUSE IF SOMEONE KNOWS YOUR CVV NUMBER THAN THEY CAN BUY ONLINE USING YOUR CC INFO. This is critical in instances when we hand over our CC in restaurants, petrol bunks, shopping malls etc.

Please follow these simple CC protection measure:-
(a) DO NOT photocopy your Credit Card EVER!!
(b) Commit your CVV number to memory and blacken the CVV number with a permanent marker so that it is unreadable. Else put a small opaque tape over it.

The above small measure makes your CC usage safer (but not risk proof!!!)

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