New Delhi, Feb. 6 -- Your credit cards consist of a three digit security number which is known as a CVV (Card Verification Value). Often overlooked, the CVV plays a significant role in ensuring the security of your transactions. This number prevents unauthorized payments and also saves you from scams. Let us understand what CVV is and its importance in detail:

The CVV number is a three- or four-digit code printed on your credit, typically found on the back of the card near the signature strip. For cards like Visa, RuPay, MasterCard and Discover, you will find a 3 digit CVV number. However, a number of international credit cards use a 4 digit CVV number placed on the card's front surface.

The CVV number safeguards your financial data aga...