What is 3D Secure?
3D Secure provides an extra layer of protection for your business and customers for their online purchases. 3D Secure deters unauthorised card use and helps to reduce fraudulent activity and chargebacks.
How it works
Here’s one example of how Cardholder authentication may work.
Cardholder makes a purchase
Merchant initiates authentication
3D Secure ID check
Further validation or transaction approved
For further validation cardholder receives a one time PIN
Transaction approved or declined based on one time PIN entry
What are the benefits?
- Improved cardholder authentication
- Reduced cart abandonment, fraud and potential to reduce chargebacks
- Increased credibility and customer loyalty
- Cardholders have a fast, simple, and convenient authentication experience.
Talk to your payment gateway provider about 3D Secure and how it can help your business with merchant solutions.