The credit card fruad can avoid if the photograp of customer affix on the card and instruct all the credit card accepting agencies to verify the signature put on the card at the time of purchases. Also instruct all the card accepting agencies accept the card from the original cardholder. The CVV No. do not put on the backside of card which may be sent to customer separately and instruct them keep the CVV No. in their safe custody.
RE:credit cards
by Dion Fernandes on Feb 01, 2007 03:07 PM Permalink
Hi- agree with you- do you think it is alright for the customer to note down the CVV no. elsewhere and black it out or erase it with correction fluid?
RE:RE:credit cards
by Gaurav KUmar on Feb 01, 2007 03:24 PM Permalink
Hi I am also agree that csutomer should remind CVV no and erase the CVV which is printed in card's back side
RE:credit cards
by HIROO SHAHANI on Feb 01, 2007 03:15 PM Permalink
This is a good suggestion, but one wonders will this stop people stop doing the fruadulent act on credit cards. Lets give a try.
RE:credit cards
by Ruchir Dewan on Feb 01, 2007 03:52 PM Permalink
Crad user could be given an option to change his CVV (like a password)...CVV should not be printed on the cards
RE:credit cards
by Kaushik Majumdar on Feb 01, 2007 03:16 PM Permalink
Good suggestions about CVV number. For online transactions, some info has to be made compulsory that is not available on the card. So that even if someone steals the card, they can not use it online. As far as signature goes, it is already part of the instructions. But it's unfortunate that merchant establishments do not match signature.
