3D Secure is a secured Internet payment protocol deployed by all major card schemes (“Verified by Visa” and “MasterCard SecureCode”) which limits fraud related to the fraudulent use of payment cards over the Internet. It is aimed at certifying that the card is actually used by its true holder.
When both Lemon Way bank and the the bank of your customer are equipped, an additional step has to be performed by the cardholder when paying.
In addition to his/her card number, expiry date, and CVV number, the payer might have to enter a password, his/her birth date, or a One-Time Password sent on his/her mobile phone (depending on the cardholder bank choice/offer).
3D Secure is becoming increasingly used at it is very effective in fighting against card fraud. It is provided with your Lemon Way for E-commerce solution at no extra cost.