With financial crime on the rise, it's important to know which payment methods you should use and which you should avoid.

Your credit or debit card will not be charged until your next renewal date. But if you have selected auto renewal, the new credit or debit card number will be saved and used in the future.

Ashley McGohon says someone stole her debit card number while buying lunch.

CVV stands for card verification value. It’s a three- or four-digit number found on most debit and credit cards. There are several other acronyms for this security feature within the industry.

The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant.

When a debit-card number is tokenized by Visa for example, only Visa can understand the token so that it can be reassociated with an actual card.