3D Secure is a new concept in advanced user authentication process for credit card transactions. To understand how important role this technology may play in future online transactions, one needs to look at the vulnerability of online transactions.
Just imagine how convenient will to be for someone purchasing on the internet, if they are prompted to input a password before proceeding with their transaction. Such authentication will make sure that only the user of credit card, who knows the password, gets security authentication. Password activation is just one method that 3D [...]
3D Secure is one of the most advanced authentication process used by all major credit card companies to safeguard financial transactions. Simply, it is just another security layer in credit card transaction process.
The main advantage of this extra 3D security layer lies in its ability to verify data from user’s bank and credit issuing bank. First initiated by Visa under Verified by Visa logo, nowadays users can be sure that they are accessing 3D Secure network wherever they see MasterCard Secure Code or Verified by Visa logos, among others.
The [...]
3D Secure is a new technology created by several different credit card companies to help secure what is called CNP (Cardholder Not Present) transactions online. The system actually goes by different names depending on what credit card you are using. You yourself may recognize it by some of its other names including “Verified,” “J-Secure” and “Secure Code.”
Using a new secure formatting called a “trust chain” throughout the transaction, 3D Secure helps shift the liability of fraud from the merchant directly to the card issuer; under a certain range of conditions [...]
