Online Donation Verification: New CVV Requirement for Political Groups.
This law introduces a new requirement for political organizations accepting online credit card contributions. To be valid, the donor must provide the card's Credit Verification Value (CVV) at the time of the transaction. The goal is to increase the security and transparency of political funding and reduce unauthorized payments, thereby protecting citizens from fraud.
Key points
CVV Code Requirement: Every political contribution made online via credit card will require the disclosure of the card's verification code.
Financial Security: The change aims to protect citizens from unauthorized or fraudulent political donations made using their credit cards.
Status:
Expired
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