3D Secure
Additional security protocol for online card transactions (e.g., Verified by Visa).
Detailed Description
3D Secure
What does 3D Secure aim to achieve?
3D Secure aims to add an extra layer of security to online transactions, reducing fraud and chargebacks.
What are the primary versions of 3D Secure?
The primary versions are 3D Secure 1.0 and 3D Secure 2.0, with the latter offering a more user-friendly experience.
Is the use of 3D Secure compulsory for all merchants?
No, the use of 3D Secure is not compulsory; its adoption depends on the merchant and their payment processor.
What happens if the authentication process fails?
If the authentication process fails, it can result in lost sales and potential cart abandonment.
How does 3D Secure compare to other security methods?
3D Secure focuses on verifying the identity of the cardholder, while other methods like tokenization protect card data during transmission.