3D Secure Authentication - Payment Processing News

3D Secure Authentication

Ecommerce and Electronic Payment Technology

3D Secure Authentication

One of the biggest frustration for e-Commerce businesses has been the risk of chargebacks. If a shopper were to tell their issuers that they did not authorize an Internet purchase with their credit card, the merchant can lose the chargeback and the product.

By using 3D Secure capabilities, merchants get detailed evidence of authorized purchases “authentication data”.

The authentication data, together with an authorization approval gives you a transaction that is guaranteed against the most common types of chargebacks: Cardholder not authorized and cardholder not recognized chargebacks.

3D Secure is a security tool that enables cardholders to authenticate their identity to their card issuer through the use of Visa’s Verified by Visa and MasterCard’s SecureCode services.

3D Secure adds another layer of security to cardholders by preventing fraudulent purchases in an e-Commerce environment and reducing the number of unauthorized transactions.

NTC’s Virtual Merchant users processing transactions in an integrated e-Commerce environment are able to take advantage of this functionality.

3D Secure processing is supported with MasterCard and Visa transactions only. Other card types will process as normal and will not trigger 3D secure processing.

For e-Commerce Electronic Payments set up with 3D Secure

call now 888-996-2273! or click here NationalTransaction.Com 

 

May 1st, 2017 by