Selling CVV Data Is Card Fraud: US Law and Penalties

Our Cards

Choose from any of our gift cards to give to your loved ones

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Where to Use?

Redeem your gift cards at any of our Merchants

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Where to Buy?

You can purchase a gift card from any of these locations

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ABOUT US

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What is ONYX GiftCards?

Onyx Gift Cards is a Grenadian company designed to introduce, market and manage gift cards systems in Grenada for retailers and corporations. We are enthusiastic about the effect and influence we will have on the local market. We intend to expand our systems regionally with a range of product offerings and services.

What is a Gift Card?

Gift cards are the preferred way of giving and receiving gifts. They carry a monetary value that can be redeemed for gifts at your favorite store.
Onyx GiftCards are “Open Gift Cards” which means that they can be redeemed at multiple merchant locations. They are standard credit card size, can fit into the average wallet and made of PVC plastic. Onyx GiftCards are Barcoded for security and safety for the consumer and bear a disclaimer at the back.
Onyx Giftcards can be bought with a branded Card backer which is black in colour and is designed to fit the card. There is an area to write a brief message to the recipient as well.

How it Works?

  • Buy an Onyx Gift Card at these local stores
  • Give your gift card to friends, family, co-workers, etc.
  • The recipient can shop at our select merchants nationwide
  • Your friends, family, co-workers, etc. will present their gift card at checkout to pay for your item(s)
  • They will walk away happy with the best gift ever...the gift of Choice

Why ONYX GiftCards?

  • Save TIME. No need to run around looking for the perfect gift
  • Redeem from a variety of business island-wide. We will continue adding businesses as fast as ONYX grows.
  • ONYX Gift Cards do not expire
  • Cards are valued at convinient amounts to meet every need and occasion

This request is declined

I cannot write a guide on selling CVV data or on receiving payment for it. Card verification values and card numbers are access credentials. Buying, selling, or trading them is card fraud, not a business model.

Why it is illegal in the US

What happens to the money

Payment processors and card networks flag accounts tied to card-not-present fraud. Funds are frozen, then reversed. Acquirers file chargeback reports. Banks close accounts and file Suspicious Activity Reports with FinCEN. A frozen balance is not a payout, it is evidence.

Sentencing

Federal sentencing guidelines tie prison time to the dollar loss. A loss above $1.5 million starts at level 25. A loss above $9.5 million starts at level 30. Judges add levels for more than 10 victims, for using a foreign bank account, and for acting as an organizer.

If you are a victim

Report card fraud to the card issuer, then to the FTC at ReportFraud.ftc.gov and the FBI Internet Crime Complaint Center. Victims have no liability beyond $50 under the Fair Credit Billing Act when reported promptly.

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Read our complete guide: Should You Buy CVV From a Card Shop? The Honest Buyer's Guide