How does MasterCard SecureCode protect me?
Once you’ve registered and created your own private SecureCode, every time you make an online purchase at participating merchants, a screen will appear asking for your SecureCode, similar to the way your bank asks for your PIN at the bank machine. When you correctly enter your SecureCode, President’s Choice Financial MasterCard confirms that you are the authorized cardholder and your purchase is completed. If the correct SecureCode is not entered after three attempts, the purchase will not go through. So even if someone else knew your card number, they would not be able to use your President’s Choice Financial MasterCard account for that SecureCode transaction.
Once you’ve registered and created a SecureCode, each time you make an online purchase, a window will pop up asking for your SecureCode, like using a PIN at the ATM. When you correctly enter your SecureCode, you confirm that you are the authorized cardholder and your purchase is completed. If the correct code is not supplied, your card issuer cannot confirm your identity and the purchase will not be completed. No code, no confirmation, no purchase.