CVV-free payments allow customers to experience faster, smoother, and more convenient checkouts for tokenised cards on networks such as Visa, Mastercard, RuPay and Amex
There are safety measures that can be adopted to ensure transaction security; however, sometimes payments have to be made to sites that one is aware as being insecure. To address such dilemmas, banks have launched a virtual credit card which is a one-time transaction, limited period card.
The credit card is a much maligned and revered instrument occupying space in everyone‘s wallet. While it has many advantages and disadvantages both depending on how you use it, the security issues of owning and using a credit card need to be taken seriously.