|
Tool |
Description |
| Address
Verification Service (AVS) |
Allows
card-not-present merchants to
check a cardholder’s billing
address with the card Issuer.
The merchant includes an AVS
request as part of the
authorization and receives a
result code indicating whether
the address given by the
cardholder matches the address
on file with the Issuer. |
Card Code
Verification
(CVV2- CVC2) |
This
is a three-digit number imprinted on the
signature panel of Visa-MasterCard cards to help
card-not-present merchants verify that the
customer has a legitimate card in hand at the
time of the order. The merchant asks the
customer for the card code and then sends it to
the card Issuer as part of the authorization
request. The card Issuer checks the card code to
determine its validity, then sends a result back
to the merchant along with the authorization. |
| Verified
by Visa (VbV) |
Enables
e-commerce merchants validate
a cardholder's ownership of an
account in real-time during an
online Visa card transaction.
When the cardholder clicks
"buy" at the
checkout of a participating
merchant, the merchant server
recognizes the registered Visa
card and the “Verified
by Visa” screen
automatically appears on the
cardholder’s desktop. The
cardholder enters a password
to verify his or her identity
and the Visa card. The Issuer
then confirms the
cardholder’s identity. |
MasterCard
SecureCode |
MasterCard
enables e-commerce merchants
to actually validate that a
MasterCard cardholder is
authorized to use the card and
qualify the transaction for a
guaranteed payment that
protects against cardholder
unauthorized chargebacks.
MasterCard SecureCode runs
on your website and interacts
with both the customer and
their card Issuer. When your
customer is checking out, a
simple pop-up box appears
asking them to enter a private
code that has been registered
with their bank.
Their bank then validates
that code and provides you
with a means of achieving a
fully guaranteed transaction.
For more information, visit http://www.mastercardmerchant.com/securecode/index.html
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