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Verified by Visa (VbV) is an online service designed to make
Internet transactions safer by authenticating a cardholder's
identity at the time of purchase. Verified by Visa software
installed at a merchant website activates the cardholder
interface during the authentication process.
MasterCard SecureCode is a simple and secure way to pay at
thousands of online stores. A private code known only to you and
your bank, your SecureCode enhances your existing MasterCard
account by protecting you against unauthorized use of your card
when shopping online at participating online retailers.
The aim &
objective of Verified by Visa & MasterCard SecureCode is to
create a level of consumer trust and confidence in online
shopping similar to that in the physical shopping environment.
It is designed to improve both cardholder and merchant
confidence in Internet purchases as well as reduce disputes and
fraudulent activity related to the use of Visa & MasterCard
payment cards.
To know more
visit the following URL's
http://www.visa-asia.com/ap/sa/merchants/productstech/vbv_intro.shtml
http://www.mastercard.com/us/personal/en/cardholderservices/securecode/index.html |
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