What is Verified by Visa and MasterCard SecureCode?
Verified by Visa and MasterCard SecureCode are cutting-edge secure online shopping services that work with BankSA Bank to rely on a password to validate a transaction. This acts in the same way as a PIN or signature for over-the-counter purchases. This ensures that it is in fact you making the purchase. In addition a Personal Assurance Message (PAM) is displayed to confirm that you are connected to a genuine secure BankSA Bank site before entering your password. Read more about Secure Online Shopping.
3D Secure is a new technical standard developed by Visa and MasterCard to further secure CNP (Cardholder Not Present) transactions over the Internet. MasterCard brand their system as ‘MasterCard SecureCode’ and Visa call theirs ‘Verified by Visa’. It requires the cardholder to provide a personal password or pin number when paying for goods online with their credit card just as they would provide a pin on the high street. This ensures that the shopper is who they say they are when providing card details to an online shop. Cardholders are reassured that when they sign up their card is protected from fraudulent use on the internet. For more information about this please click here.
Verified by Visa and MasterCard SecureCode are cutting-edge secure online shopping services that work with St.George Bank to rely on a password to validate a transaction. This acts in the same way as a PIN or signature for over-the-counter purchases. This ensures that it is in fact you making the purchase. In addition a Personal Assurance Message (PAM) is displayed to confirm that you are connected to a genuine secure St.George Bank site before entering your password. Read more about Secure Online Shopping.
The Verified by Visa and MasterCard SecureCode programs were developed to help prevent unauthorized use of cards online. These services use personal passwords or identity information to help protect cards against unauthorized use. They are available for most cards from participating financial institutions. Once your card is activated, your card number will be recognized whenever it’s used at participating online stores. A window will automatically appear and your card issuer will ask for your password. You’ll enter your password to verify your identity and complete your purchase. If you haven’t activated Verified by Visa or MasterCard SecureCode, your card can still be used on our site.
Verified by Visa and MasterCard SecureCode are new security programmes from Visa and MasterCard, designed to give you enhanced protection when shopping online. They allow you to create your own personal password, known only by you, for use as an extra security measure each time you use your Visa, MasterCard or Maestro payment cards to make a reservation or purchase online.
