snacktime wrote:

It's actually fairly rare to get transactions that pass cvv that are
stolen cards, at least in most industries.  If you see high
percentages of that, I'm guessing it's a scam with the cardholders
consent, or a batch of physical cards that were stolen.  Both cases
are usually pretty rare.

Every single chargeback we processed passed with a valid CVV number.

Jeremy McNamara
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