Protecting both merchants and consumers against fraud.
Verified by Visa improves the security of payment transactions in the electronic commerce environment over open networks. It increases both cardholder and merchant confidence in Internet purchases, and reduces disputes and fraudulent activity related to the use of Visa payment cards. Verified by Visa protects merchants from fraud-related chargeback’s on all Visa personal debit and credit card transactions, even when processing transactions from non-participating issuers. Verified by Visa also protects consumers by requiring a password during online purchases, helping ensure that no one else can use their Visa card online.
Verified by Visa is the brand name by which Issuers market an Internet authentication capability to cardholders, providing the following benefits:
* Issuers have the opportunity to offer consumers an important new service capability that enhances consumer trust and confidence when shopping online with Visa cards.
* Consumers use Verified by Visa for authentication during each online transaction, giving consumers more control in preventing unauthorized use of their Visa cards.
* Member banks are able to positively identify cardholders when shopping at participating merchants—helping to stop unauthorized use before it happens.
Reduce operational expenses
Verified by Visa protects merchants from certain fraud-related chargeback’s on ALL personal debit and credit Visa cards.
Reduces operational expense and chargeback handling costs related to unauthorized use of Visa cards for Internet purchases.
Streamlines dispute resolution processes through the use of automated tools implemented by Visa to prevent invalid chargeback’s being sent to the merchant.
Improve Internet purchases
Verified by Visa enhances the security and integrity of Internet purchase transactions.
Helps to prevent unauthorized use of Visa cards.
Supports smart Visa card authentication and other evolving technologies for wider Internet card usage with minimal impact on merchant processes.
Increases the confidence of Visa cardholders to make more online purchases, while reducing fraud exposure for merchants.
Contact an Elite Payment Processing specialist to learn how Verified By Visa can help your business.