Credit card payments made over the phone or internet are classified as “card- not-present” (CNP) payments. These types of ...

In online or phone transactions, sometimes called card-not-present transactions, the cardholder may be asked for their card's validation code, a three- or four-digit number that appears on the card.

This feature adds an extra layer of protection in online and card-not-present transactions by preventing the physical card's information from being exposed by a data breach. CNBC Select explains ...

But what about CNP (card-not-present) transactions, such as those online or over the phone? A physical chip will not be helpful; this is why a CVV is printed on your card. However, the most ...

8 cents plus interchange for card-present transactions. 15 cents plus interchange for card-not-present transactions. 2.5%, 2.7% or 2.9% plus 30 cents for online payments for Advanced, Shopify or ...

As this trend of internet and phone shopping keeps growing, so-called “card-not-present” (CNP) shopping activity (which are transactions where you don’t physically swipe your credit card ...