Complete Solutions - 3D Secure
Shifts liability on 70% of chargebacks
3D Secure is also known as ‘Verified by Visa’ and ‘MasterCard Securecode’. It has been made obligatory by Mastercard for all Maestro internet transactions, so trading online without participating in this scheme could exclude a significant number of your prospective customers. 3D Secure is supported across all of our payment processing packages.
3D Secure shifts liability for chargebacks away from the merchant where the cardholder claims non-participation or fraud, including transactions where the cardholder has not yet enrolled for 3D Secure or where the issuer can’t support it. That amounts to a significant 70% of all chargebacks for which, potentially, you are no longer liable.
In order to take advantage of 3D secure, cardholders simply complete a one-off registration at the card issuer's site, where they select a password and agree a secret phrase. Both parties benefit: the cardholder knows that no one else can use their unique authorisation data with a 3D Secure enabled merchant while the merchant can be confident that they avoid liability from fraud-related chargebacks.
:: Key features:
- Fully supported across all PayPoint.net online payment packages
- Offered with both our hosted and API (Application Programming Interface) payment solutions
- Quick and cost-effective to implement as you avoid compliance testing because no third party is require
- We manage the entire process for Complete Solutions merchants
- For remote integration via our API, 3D Secure is integrated with our MPI (Merchant Plug In). No costly formal certification of the resultant 3D Secure implementation is required
- Handling all the functions of the 3D Secure Process, our MPI will supply the responses necessary for you to integrate the service and provide re-directs for eligible cardholders
- Our MPI will also decode and report the outcome of directory server enrolment checks and the payer authentication which will allow immediate recognition of chargeback liability shift
- The PayPoint.net MPI is approved and registered by both Visa and MasterCard
Return to the list of Complete Solutions features
Completed your research? Click here to sign-up
