Home > Payment Industry > PAYMENTINSIDER > Payment Industry Term: Card Verification Code (CVC)
An INSIDE Analysis of Credit Card Processing and the Payment Industry
Understanding the Payment Industry is a tough task. Merchants are faced with confusing statements, hundreds of various payment processing fees, and numerous processing options offered by Merchant Service Providers, Payment Gateways, and other payment processing entities. The PAYMENTINSIDER provides articles, posts, and whitepapers on the Payment Industry, including this article, Payment Industry Term: Card Verification Code (CVC), with the goal of creating transparency in this marketplace.

Payment Industry Term: Card Verification Code (CVC)

Payment Industry terms can be confusing. In addition to the hundreds of various interchange fees, payment compliance standards, and complex statements, the merchant is also tasked with understanding industry jargon. Card Verification Code (CVC), when used in context with payment processing, means:

Card Verification Code (CVC) – A unique value calculated from the data encoded on the magnetic stripe of a MasterCard card, validating card information during the authorization process.

For additional information on payment industry terms, including articles and news on trending information, visit the PAYMENTINSIDER Topics. VeriProcess is committed to delivering maximum transparency in the payment industry.

Payment Topic: Glossary
Read articles similar to Payment Industry Term: Card Verification Code (CVC), including other payment processing topics and payment industry information at PAYMENTINSIDER.