Card Verification Value. A three-digit number printed in the signature space on the back of most credit cards, such as Visa, Mastercard, and Discover cards. On American Express Cards it is a four digit code. The CVV is designed to reduce credit card fraud by ensuring that the customer has the credit card in their possession.
CARD VERIFICATION VALUE. A unique check value encoded on the magnetic stripe of a card to validate card information during the authorization process. The card verification value is calculated from the data encoded on the magnetic stripe using a secure cryptographic process. This method is used by Visa.
Card Verification Value. A unique value calculated from the data encoded on the magnetic stripe of a VISA card, validating card information during the authorization process.