What is the Card Verification Process?
The card verification process is a security measure used to ensure that the person making a transaction is the legitimate owner of the payment card.
Steps in the Card Verification Process
- Cardholder provides card details.
- Merchant sends a request to the issuer's network.
- Issuer verifies cardholder information and authorizes the transaction.
Security Measures
Several security measures are employed during the card verification process, including CVV verification, cardholder authentication, and encryption.