What is 3D Secure and How Does it Protect Your Online Transactions?
3D Secure Payment Gateway: Enhancing Online Transaction Security Helps Protect Online Transactions from Fraud The main purpose of 3D Secure is to verify the identity of the cardholder when making an online purchase. When a cardholder makes a purchase using their credit or debit card, they are redirected to a secure website where they are…
2FA vs MFA: Difference between two-factor authentication and multi-factor authentication
2FA Vs MFA: Difference Between Two-Factor Authentication And Multi-Factor Authentication 2FA vs MFA: MFA as opposed to 2FA. Therefore, two-factor authentication (2FA) requires users to show two types of authentication while MFA requires that users present at minimum two, if not more, types for authentication. This means that every 2FA is MFA however, not every MFA is a 2FA….
3DS2 Frictionless Flow
3DS2 Frictionless Flow 3D Secure protocol has been offering customers security for sixteen years, by offering an additional layer of protection for online transactions that require a card to be present. Additionally, it protects merchants from fraudulent chargebacks by verifying the identity of cardholders prior to payment at the issuing bank. Despite the advantages that protect…
Frictionless Authentication: What is and how it works?
Frictionless Authentication: What Is And How It Works? Did you consider that $56 billion was stolen from identity theft in the last year? There are many methods to prevent fraud. Secure payment using multi-factor biometrics, and passwords are common methods of authentication for payments. Yet, 3D Secure 2 gives an uncomplicated payment authentication for online transactions. The process will…
3DS Testing Environments
3DS Testing Environments Complex solutions that combine several software components can be difficult to test. It requires an in-depth understanding of the solution, business flows, and processes, as well as the most appropriate testing methods. 3D Secure solution 3D Secure Here’s an example of such a solution. The 3D Secure environment has at least four…
Testing Simulators vs Emulators Against Real Devices
Testing Simulators Vs Emulators Against Real Devices Web Testing and App Testing has always been crucial component of the entire development process. Testing is the process of identifying and resolving issues – whether it’s identifying problems with navigation, problems with sign-up forms, interruptions in payments, or simple differences in the size of fonts. Testing can also make…
3D Secure Authentication
3D Secure Authentication Learn about 3D Secure authentication in order to prevent the risk of fraud and comply with the requirements of regulatory agencies. To protect against fraud, 3D Secure (3DS) requires that customers take a further verification step by contacting the card issuer before making a payment. Typically, you guide your customer on a page for authentication on the…
The brand-new Mastercard 3DS testing platform is designed for issuers
The Brand-New Mastercard 3DS Testing Platform Is Designed For Issuers Digital commerce authentication with the latest EMV 3DS testing platform for Secure Protocol UL for 3DS to promote compliance testing for 3D-secure technologies. The 3DS testing platform, which the payment specialist Logibiztech developed using Mastercard will allow issuers to test the end-to-end authentication process. The safety and reliability that…
CNP Fraud Common Warnings And How Merchants May Use It To Suit Their Desire
CNP Fraud Common Warnings And How Merchants May Use It To Suit Their Desire CNP FRAUD COMMON WARNINGS: Global eCommerce sales will almost double from $2.3 billion in 2017 to $4.5 trillion in 2021. For context, this figure is very close to Japan’s GDP total of $4.9 trillion. This isn’t a local phenomenon, the growth of…
How Does Liability Shift Work With 3d Secure?
How Does Liability Shift Work With 3d Secure? A rise in eCommerce and mCommerce has led to a rise in fraud over the last few decades due to the card-not-present (CNP), nature of online payments. In 2015, eCommerce fraud rates averaged 0.53% worldwide. This may seem small, but it’s a substantial amount considering eCommerce sales are…
