Online payment security
As e-commerce continues to grow, Visa cards
must make buying goods and services online - as well as over the
phone or by mail order - simple but secure.
- A card security code – the CVV2 – is a three-digit security
code on the reverse of most types of Visa card, which ensures that
the genuine card is being used when buying online.
- Verified by Visa is a password-protected identity checking
system, designed to counter online fraud and provide vital
information to card issuers in the authorisation process, ensuring
greater confidence in the transaction for all participants.
- The Address Verification System (AVS) verifies a cardholder's
billing address, helping retailers and businesses identify when
goods are being dispatched to an unusual location. This is
currently used only by retailers and businesses in the UK.
- Visa Codesure is a dynamic password authentication that uses
chip and PIN technology to generate a ‘one-time code’ which
validates that the genuine card and cardholder are both present
when a transaction is made.
Verified by Visa
Verified by Visa protects Visa cards against unauthorised
use and gives cardholders peace of mind when shopping online.
It’s a password-protected identity checking system, designed to
counter online fraud and provide vital information to card issuers
in the authorisation process, ensuring greater confidence in the
transaction for all participants.
Once signed up to Verified by Visa, cardholders will be
protected when making payments online with at any one of more than
300,000 web sites across Europe.
Verified by Visa involves the cardholder in two quick and easy
steps:
- Firstly, a personal message known only to the cardholder and
their bank will appear. This lets the cardholder know that the
security screen they’re seeing is genuine.
- They will then be asked to enter their Verified by Visa
password.
Verified by Visa not only protects cards against unauthorised
use, it shows cardholders that the online retailer has made their
security a priority.