No charge for 3D Secure
We believe that by applying 3D Secure to all payments we can reduce the level of fraud and minimise the inconvenience and anxiety caused to both Merchants and Shoppers.
Our stance is at odds with our competitors who charge extra for enabling 3D Secure. We think security and peace of mind should be inclusive in our regular pricing; don’t you?
The technical stuff
3D Secure stands for Three Domain Secure – the payment industry’s internet authentication standard which has been developed by the major card schemes. Visa called their version of the scheme ‘Verified by Visa’ and MasterCard called its ‘MasterCard SecureCode’. Collectively these are known as 3D Secure.
The key issue that 3D Secure addresses is that of authentication. Until 3D Secure was developed it was very difficult to verify that the person who used a card to make a payment was the person who owned the card. 3D Secure authenticates the cardholder at the same time as the transaction is authorised making it far harder for cardholders to deny that they sanctioned the payment.
You can find out more about 3D secure here.