What is Verified by Visa and Mastercode?
Verified by Visa and Mastercode are a new service for Visa and Mastercard cardholders (and also Visa Delta and some Maestro users) which allows them to shop more safely on the internet. Quite simply, it requires the cardholder to provide a personal password when paying for goods online with their 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 can sign up to the service with their card provider at no cost and are reassured that their card is protected from fraudulent use on the internet.
