Anatomy of Credit Card

Presented by-Ashraf

Mojumder

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1. Bank Logo2. Embedded Chip3. The Card Number4. Expiration Date5. Name of the Card Holder6. Processing Company Logo

7. Magnetic Strip8. Signature Strip9. Hologram10. Service Disclaimer11. Customer Service No.12. CVV/CVC/CID code

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Bank Logo

This is the logo of the bank that actually issued the card -- the entity thatis lending you money, not the one that processes payments.

Sometimes, as with American Express or Discover, they're the same, so there is only one logo.

Embedded Chip

The computer chip is being phased in for credit cards in the United States to boost security. The chips generate a unique

code for every transaction, while magnetic stripes have unchanging information that can be stolen and reused.

The First 6 digits of the Card Number

The first six digits tell merchants who issued the card. The very first number is the "Major Industry Identifier.

" For example, a "1" denotes an airline. All Visa cards, for example, start with a 4, MasterCards a 5 and Discover cards

a 6.

The Account Number

The maximum length of a credit card number is 19 digits, but most cards

have 16.The final digit is a "checksum" number that, using the "Luhn formula," allows the validity of a card's number series to be

instantly verified, preventing casual theft and data entry errors.

Expiration Date

The "valid thru" or expiration date is the last month and year the credit card can be used.

Sometimes a day of the month, normally first or last, is included.

Name of the Card Holder

The first and last name of the cardholder or the organization associated

with the account. Online transactions often require the name on the card

exactly match the cardholder name.

Processing Company Logo

If a card payment processing company, such as Visa or MasterCard,

issued the card in cooperation with an issuing bank, the processing

company's logo will also be present. The largest card payment

processors are MasterCard, Visa, Discover and American Express

Magnetic Strip

Magnetic stripes come in three colors (black, brown and sliver) and have up to three tracks.

Tracks one and two contain enough cardholder account information to complete point-of-sale transactions.

Signature Strip

Credit card issuers' rules say a card must be signed to be valid.

Signing the strip gives merchants an extra tool to guard against fraud, because they can see whether the signature

on the card matches the one on the receipt.

Hologram

A hologram -- an optional three-dimensional image embedded into a two-dimensional surface -- serves to

distinguish real cards from counterfeits.

Service Disclaimer

The service disclaimer on a credit card generally states that use of the card acknowledges receipt and acceptance of the

agreement between the credit card issuer and the cardholder.

CVV/CSC/CID Code

Credit card security codes may be called a card verification value (CVV) CVV2, CVC2 or card identification number (CID), but they all serve the same purpose -- providing a unique,

three- or four-digit code that gives additional security against credit card fraud or unauthorized use.

Customer Service Number

The phone number for customer service or card inquiries

The LUHN’s formula of validation

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