Question: Why do online merchants often ask a customer to provide their credit cards CVN?

Why do online merchants often ask a customer to provide their credit card’s CVN?

Step by Step Solution

★★★★★

3.36 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Online merchants often ask customers to provide their credit cards Card Verification Number CVN also ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Electronic Commerce Questions!

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Company Case: Square: In Relentless Pursuit of a More Elegant Payment Experience It happened one day at an art fair. Jim McKelvey, an artisan who worked in handblown glass, had an admirer of his work...

Q:

Hi there , I need help. for my work i need a relevant and well written introduction as well as conclusion to the following below. My work is complete i just need a introduction and conclusion please...

Q:

5b. Explain reason why do online merchants often ask a customer to provide their credit cards CVN. Note: sir no copyright please give your won answer and answer give maximum 40 word, thank you

Q:

5b. Explain reason why do online merchants often ask a customer to provide their credit cards CVN. Note: sir no copyright please give your won answer and answer give maximum 40 word, thank you

Q:

Case Study | 311 4.8 CASE STUDY The Mobile Payment Marketplace: Goat Rodeo early every day, it seems, a new mobile payment system is announced by giant tech companies, startups, merchants, and banks....

Q:

Case Study 311 4.8 CASE STUDY The Mobile Payment Marketplace: Goat Rodeo early every day, it seems, a new mobile payment system is announced by giant tech companies, startups, merchants, and banks....

Q:

The Mobile Payment Marketplace: Goat Roedo Nearly every day, it seems, a new mobile payment system is announced by giant tech companies, startups, merchants, and banks. The mobile payment marketplace...

Q:

Case Study Questions: 1. Who are the three major players in the mobile payment market? 2. Why is Venmo considered a social-mobile payment system? 3. How does Apple Pay differ from Android Pay and...

Q:

my project is implementing e-commerce website for Sports Warehouse My question is : -An overview of milestones/key activities and expected timelines -Success criteria/key metrics here are the...

Q:

Can a measure be reliable, yet invalid? Explain.

Q:

Mpho is considering the purchase of a P45 000 whole life policy. The coverage will have an annual premium of P500.00. The coverage is participating, and based on the insurers history with similar...

Q:

John Processed Foods is currently valued at $ 5 9 0 million. John will repurchase $ 1 4 8 million of its equity by issuing perpetual debt at an annual interest rate of 1 1 percent. John is subject to...

Q:

Explain the work life expectancy/retire- ment life expectancy dilemma.

Q:

How can group cohesiveness be increased? Give specific recommendations.x2

Q:

Compare and contrast brainstorming and nominal group technique. Ensure you describe both techniques fully in your answer.

Q:

Why is the use of teams in organizations becoming more popular?

Q:

Following are preacquisition financial balances for Parrot Company and Sun Company as of December 31. Also included are fair values for Sun Company accounts. Parrot comp. sun company Book value book...

Q:

Joint Cost Allocation-Frsical Units Method sword, after which is is sold for $15z per sword

Q:

Billings Company is a decentralized wholesaler with five autonomous divisions. The divisions are evaluated on the basis of ROI, with year-end bonuses given to the divisional managers who have the...