How do Verified by Visa and MasterCard SecureCode protect me?
When an online merchant integrates Verified by Visa or MasterCard SecureCode Buyer Authentication programmes into their payment process, cardholders are required to confirm their identities by entering a password. The card issuer then validates that password to ensure that the legitimate cardholder is requesting the purchase. If the cardholder is authenticated, Visa and MasterCard give the merchant liability protection on that transaction.