The acronym CVV2 stands for ‘Card Verification value’. CVV2 is the last 3 digits printed on the back of your ATM/debit card. This is different from your card number which is printed on the front of the ATM card. It is also different from your ATM pin, which you only need when you are using your ATM card on the ATM machine or making a purchase with the card in person.
WHY DO I HAVE TO PROVIDE MY CVV2 WHEN PAYING ONLINE?
Generally, requesting for your CVV2 number when you are making online payment with your ATM card helps to prevent debit card fraud. The essence of asking you to provide the number is to ensure you are in possession of the ATM card itself. Who knows, someone else might be trying to make a purchase using your bank account without your consent, but as long as the person do not have the card with him/her, he/she cannot go past the CVV2 stage.
So the CVV2 is a security feature on your ATM card and essential when making purchases online with from your bank account.
HOW AM I SURE MY CARD DETAIL IS SAFE ON QUICKTELLER?
QuickTeller is monitored by InterSwitch, which ranks among one of the oldest and best online payment platform in Nigeria till date. Since its inception way back to 2002, there has been no reported issue of vulnerability to fraudsters or hackers. So you can be rest assured the card details you entered on the QuickTeller website are safe, your CVV2 number included.
One of the other major details required from you while making online payment for bulk SMS units is the OTP. See here what OTP is and how to get it. We’ve also put together what all the details required when making payment on QuickTeller mean.
The online payment option for bulk SMS units provision functions in achieving our abiding interest in providing a convenient means of getting bulk SMS units for your bulk SMS account towards a satisfying bulk SMS experience.
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