To avoid fraud CVV should not be printed on the back and it should come as ATM PIN comes along with kit. CVV number should be at least 6 digits not 3 digits and during any transaction one SMS should come to the Card Holder's Cell Phone and when he sends back his permission then only transaction should take place.
RE:Credit card frauds
by ravinder kumar sharma on Feb 01, 2007 06:50 PM Permalink
user should be able to change the CVV number just like his 4 digit PIN number if he feels that it is disclosed by mistake
