It's common for businesses to ask for the CVV during a transaction. Join Yahoo Answers … 0 0. Still have questions? Xiomy. – Sulthan Dec 23 '18 at 20:41 | Eric . No one knows my CVV number; so my card is safe: This is a popular myth held by people that if they keep their CVV number safe, then their card is safe. Ask Question + 100. It should be safe if you know the merchant and you’re not in a public place where you could be overheard on the phone. You're typically asked to provide both your debit card account number and the CVV code when making purchases by Internet or telephone Thanks for all the suggestions. However, you'll likely have to give the hotel an actual credit card when you show up, so you'll need to be ok with that and ensure they're ok if you switch cards. Can I give them my cvv number? If someone rings me asking for information I say nowt. Lv 6. Usually, the CVV number is used by vendor just for processing a card. You may be asked to give out your CVV if you’re making a purchase online or over the phone. Some banks have a feature to generate a temporary card number with a pre-set limit, to avoid exposing your real card. Let’s take a closer look at the two main scenarios when you’d need to worry about the added security of a CVV/CVV2 number. There are even cards without physical number and magnetic strip nowadays. 0 Unless you initiated the phone call, never give out your credit card number: This may seem like common sense, but it can happen all too easily and … To give an idea of the profitability of this kind of fraud, from what I remember of credit card spam, a credit card number with expiry date sells for around $1 and a valid CVV raises the price to something like $5. But stop and think again. Get your answers by asking now. Even if all details are noted along with CVV, while doing online transactions the payment page is redirected again for verification where you are asked to enter a password, which is known to you along. Use a credit card and not a debit card. 1 0. If you already utilize a PCI-compliant payment processing company, you’ll notice that your payment form for manual entry already has a spot for a CVV number. In the latter case, I wouldn't give out anything, not even the CC number, let alone the CVV number. It is located in the top right corner of the signature panel or immediately to the right of it. In Europe it's not common to give away credit card to clerks or other strangers therefore hiding CVV is less necessary. RE: How safe is it to give our CVV number? Ditto if the call is claimed to be from a charity that you have donated to in the past and are inclined to donate to some more, or from a cause that you would like to support: save the starving children, support a disabled vet, etc. 1 decade ago. “Knowledge is the way to get to know and manage technology, science, and our environment. Is it safe to give out your credit card CVV code? I've done it and haven't had a problem. Use a virtual credit card. Entering CVV Numbers For Manually-Entered Transactions. Having a valid number and expiry date greatly increases the profitability/risk ratio. Disclosing the CVV code over the phone is fine - it is partly what it is there for. If I ring someone to order then I happily give my card number, expiry date and 3 digit security code (if asked). Nowadays the important thing is the chip and the PIN.