3D Secure (Three Domain Secure) is an XML-based protocol designed to be an additional security layer for online credit and debit card transactions. Also known as ‘Payer Authentication’, this service provides fraud liability shift and reduced interchange. As a result, this helps merchants to prevent fraud in transactions.
Visa and MasterCard initiated this essential security measurement. And they branded it as ‘Verified by Visa’ and ‘MasterCard SecureCode’.
Features of 3DS
3D Secure supports Verified by Visa, MasterCard SecureCode and AMEX SafeKey. This service is pre-accredited with major Acquiring Banks like First Data, Elavon, etc. And it is easily integrated with MPI(Merchant Plug-In) to Payment Gateway Services. Above all, 3DS facilitates both International and Domestic transaction processing.
Benefits of 3DS
Risk Fraud Reduced with an increased technology built for misuse of cards. So, it will protect your customers against unauthorized use.
An Added Layer of Fraud Protection security measure requires customers to confirm and actively prove their identity via a code etc. from the card issuer.
Fighting Fraud Loss ensures an added security towards fraud losses to the merchant.
3DS protection ensures Greater Customer Content. As it is Verified by Visa or MasterCard SecureCode which provides greater customer satisfaction, clients now find it easy and secure to shop online.
Increased security in transactions enhances customer’s confidence. Which results in an Increase in Sales.
Merchants find it safe to accept international card transactions. And this improves and increases your Crossborder Transaction.
3D Secure offers Secure Server transactions through Secure Sockets Layer (SSL) encryption.
3D Secure allows online validation of payments and credit card transactions. As an authentication technology, 3DS uses SSL encryption to transmit information. At Purepay, we believe in providing our clients with the best which is why we offer 3DS system for safe online transactions.