The Major Features Of ATM Cards Explained For Online Transactions/Shopping
Well, you
can decide to call this piece an introductory class for newbies on the major
ATM features required for online shopping or other transactions.
But it is
not uncommon to see people trying to use their ATM cards on the web for their
first time online shopping experience, and on the process, when asked to put in
their ATM card number or CVV code, they get totally confused and stare at their
ATM cards helplessly and endlessly.
ATM Cards
are Automated Teller Machine cards designed to be used on ATM transactions and
also on Point Of Sale terminals, on the web for online transactions etc.
MasterCard,
VISA Card, American Express Card, Verve Cards are all examples of ATM cards.
Now, how do you use ATM cards for
online shopping?
ATM cards
have features that can enable you carry out online transactions with ease and
these features are what we are going to be discussing today.
The 3 major
and conspicuous features on your ATM cards that you will need to provide for
any form of online transactions are; Card Number, Expiry Date and CVV
Starting
with the Card Number; the card
number is that numbers that you see on the front
of your ATM cards.
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The total
number varies according to card types and other ramifications; in some cards
you have it as 19 digits number
while in others you see 16 digits
and so on.
The second
feature of ATM cards as mentioned above is the Expiry Date number.
Every ATM
card comes with an expiration date that is also located on the front of the card just below the Card
Number.
The
Expiration Date number is mostly given in dual digits month and year format
like 09/15 and with the digit on the
left side of the slash representing the expiration month and that on the right standing
for the expiration year.
The last feature
of ATM card is the CVV; this is called the CVV code or 3 digits security code
of the ATM card.
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CVV stands
for Card Verification Value. It is often required for addition security when carrying
out transaction with your card.
The CVV
unlike other features is located at the back of your ATM card and it is mostly
the last 3 digits number at the back.
If you have
more than 3 digits at the back of any ATM card, the CVV is usually the last 3
digits.
All these 3
features of ATM cards listed above are the things you will be required to
supply before carrying out online transactions with your ATM cards.
Finally
before we forget, we know that we have the ATM PIN that you will also need to
provide, but the ATM PIN is not inscribed on the card but it is rather 4 digits
personal PIN which we presume you already know and have.
The Major Features Of ATM Cards Explained For Online Transactions/Shopping
Reviewed by Edwin Akwudolu
on
10:21:00 AM
Rating:
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