What can you do with the photos of the front and back of a credit card?
What can you do with the photos of the front and back of a credit card? It is understood that the front and back of a credit card contain a lot of card information, such as the expiration date and the last three digits on the back of the card, etc. Due to his lack of understanding of credit card security, Mr. Zhang easily sent photos of the front and back of his credit card to his friends. As a result, within just ten minutes after sending, nearly 10,000 yuan was stolen from his credit card.
Where is the logo on the back of the credit card
The logo on the back of the credit card is on the back of the credit card. The logo on the back of the card includes the last 4 digits and CVV2. For example, the number on the back of a credit card is 6532757, then 6532 is the last four digits of the credit card, and 757 is the CVV2 of the card. CVV2 can be used for convenient transactions. Users only need to provide information such as validity period, CVV2, verification code, etc., and no credit card password is required to complete the payment.
Of course, this convenient payment method also has certain security risks. It is recommended that users do not keep their credit cards and do not disclose this private information.
Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.
Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).
On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”
What are the last three digits on the back of a credit card?
The last three digits on the back of a credit card are the credit card security code. The security code is equivalent to the credit card’s ID card. The cardholder can use the security code to make cardless transactions. The security code for consumption, visa and MasterCard cards is called CVV2; the security code for Discover and American Express cards is called CID; the security code for UnionPay cards is called CVN2; and the security code for JCB cards is called CAV2.
The security code information is stored in the magnetic stripe of the credit card and is technically encrypted by the card-issuing bank. Since different banks have different encryption algorithms, illegally produced credit card banks can easily identify them.
A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can enjoy the shopping method of spending first and repaying later, and cardholders can overdraft within the specified amount. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front of the credit card. The chip, magnetic strip and signature strip are designed on the back of the credit card.
Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card with a certain credit limit, and users can consume within the limit and then repay.
A quasi-credit card requires a certain amount of reserve fund to be deposited. When the reserve fund is insufficient to cover the payment, a credit card can be overdrawn within the credit limit. Common references to credit cards usually refer to credit cards.
There are four ways to check the credit card balance. First, the user can bring the credit card to the ATM machine to check, insert the card into the ATM machine and enter the password, and click the query to display the balance. The second is to go to the bank counter in person with your credit card and ID card to make inquiries. The third is to call the bank’s customer service number and check the credit card balance through manual service. The fourth is to open the official website of the credit card, log in to your online banking account, and check the credit card balance in the account information.
Generally speaking, the application for a credit card requires the applicant to have a certain source of income and full capacity for civil conduct (a citizen of mainland China who is over 18 years old). The card-issuing bank receives the application form submitted by the applicant. After collecting relevant materials, the applicant’s credit status should be reviewed, including the applicant’s assets, the applicant’s repayment ability, and the applicant’s source of income. In addition, the credit card can only be used by yourself, lending it to others is a violation of the usage contract.
Can I send photos of the front and back of my credit card to others?
You are not allowed to take photos of the front and back of the credit card for others. When a cardholder uses a credit card to make large purchases, the card-issuing bank will pay the merchant a one-time payment for the goods (or services) purchased by the cardholder, and based on the cardholder's application, the consumption funds will be transferred to the cardholder's credit card account in installments. Deduction, a business in which cardholders repay according to the monthly credit amount.
In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated.
Extended information
Every card-issuing bank can basically support this installment method, and the application is simple. Users only need to submit an installment application to the card-issuing bank by phone or other methods after swiping their card for consumption and before monthly bills are sent. However, it should be noted that each bank will stipulate some special cases. For example, speculative card swiping will not be successful in installments. So before proceeding with staging, be sure to read the staging manual carefully.
The disadvantage of bill installment is that the handling fee cannot be waived. The longer the number of installments, the higher the handling fee, which must be borne by the cardholder himself.