A fake number will work for sites that store credit card information to either charge you later or ask you to upgrade.
For sites that ask for an upfront fee or have an automatic charge sometime down the line (Hulu Plus, Netflix, Spotify), this won't work since they ask for more than just a credit card number for validation.
For some unforeseen reasons, I have been facing a silly issue in my App Store.
Even if I want to download free apps, App Store sends a message: Verification Required: Before you can make purchases, you must tap Continue to verify your payment info.
This should solve the issue of App Store keeps asking for credit card.
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Validation in particular would be useful if you were accepting credit card payments on your own site and wanted to make sure the cards were legit.
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It celebrated with a special log and letting people try the TV service for the weekend for free, no credit card required.
Now, to be completely clear, these numbers cannot be used to purchase any item. The credit card number generator uses a system based off of the Luhn Algorithm, which has been used to validate numbers for decades.
You can learn more about the algorithm on their webpage, or check out the Null Byte guide on how credit card algorithms work.