Thursday, April 17, 2014

three levels of credit card processing

It's not this simple, but this is what I know so far...

  • Level 1: you hand in your credit card number, expiration date, and the cvv (Card Verification Value) on the back of the card
  • Level 2: verification goes against a zip code as well
  • Level 3: in your statements you will see a breakdown of the purchase listing line items in lieu of just a total amount

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