( Retail : Payment technology )
The PVV is the PIN number associated with check and debit cards.
The ATM or credit card reader will read the PVV before the payment is authorized.
The PVV is the number encoded in the magnetic strip on the back of some types of debit or
credit card, which allows the cardholder's PIN to be checked by ATMs and retail card
Collins English Dictionary. Copyright © HarperCollins Publishers