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Credit Card Applications » Credit Card Questions » Other Questions » Doiong business with thePost Office aauthorities in Brazil and they are requesting my three digit...

Doiong business with thePost Office aauthorities in Brazil and they are requesting my three digit...

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Date:
February 8, 2007, 4:10 pm
Doiong business with thePost Office aauthorities in Brazil and they are requesting my three digit security code of the reverse of my credit card. Is there a danger in providing?
Answer:
Regretfully, often credit card numbers are obtained by persons who commit fraud (stolen mail, statements, receipts, shoulder surfers, hackers, etc.) but what they do not get are the three verification numbers that appear on the back of the credit card. Credit cards usually have a series of seven numbers on the back of the card. The first four are the last four of the card's whole account number. The last three, usually separated by a space, are the card's verification number. These numbers are asked for by merchants, or by Internet order forms, or by any other entities to validate that the purchaser has actual possession of the card and is the cardholder. Therefore you can trust Post Office Authorities, (if you’re sure, it isn’t a bogus) asking for this additional information, while it’s credit card fraud prevention.
Remember, in order to protect your credit card account, never give any information out to someone who calls you. The numbers are necessary to fraudulently use the card for telephone and/or Internet purchases.
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