Visa and MasterCard have added an additional layer of security to online transactions by providing the services “Verified by Visa” and “MasterCard Secure Code”.

After the cardholder has initiated an online transaction, he is automatically redirected to the website of his card issuing bank to authorize the transaction while entering a secret password tied to the used credit card.

The main benefit of these 3-D Secure Protections is the control of risk exposure for cardholders and Merchants by reducing fraudulent transactions, cardholder disputes, chargebacks, and cost of write-offs. If a Merchant does not use 3-D Secure, the Merchant is liable for fraudulent transactions, even if the transaction was properly authorized.

H Tech Pay Solutions Payment Platform enables you to process 3D-Secure transactions through our own MPI (Merchant plug-in) which is fully registered with Visa and MasterCard.

For more information please do not hesitate to contact us