3D Secure API is a protocol that was developed by Visa to enhance the security of online transactions. It is an additional layer of security that is implemented during online payments to reduce the risk of fraud. The API is designed to ensure that only the cardholder is able to make online purchases, thereby reducing the risk of unauthorized transactions.
Importance of using 3D Secure API for online transactions
Online transactions have become a major part of modern commerce, but they also come with increased risks. Fraudsters can easily steal credit card information and use it to make unauthorized purchases. This is why it’s important for businesses to take steps to enhance the security of their online transactions. 3D Secure API is one such solution that provides an added layer of security and helps businesses reduce the risk of fraud.
Benefits of Implementing 3D Secure API
Compliance with payment card industry (PCI) standards
Implementing 3D Secure API can also help businesses to comply with payment card industry (PCI) standards. PCI standards are designed to protect sensitive information during online transactions, and 3D Secure API is one of the recommended methods for achieving this compliance.