What is a CVV/CVC code?

The CVV/CVC code is a security code on credit and debit cards. It consists of three numbers and can be found on the back of credit and debit cards. The CVC (Card Verification Code) or CVV (Card Verification Value) is required to ensure that you are actually in possession of the physical card. This reduces the risk of fraudulent transactions and improves the security of your financial data.