Verified by Visa is a web security measure for credit and debit cards, which now goes by the catchy name of Visa Secure. It is sometimes called or Vbv/Vbv and is basically designed to protect your debit or credit card details when shopping on the internet. So what exactly is it and how does it work? This article will explore some of the features of this relatively new service which may be of interest to you. Hopefully you'll be able to make the most of this security measure and avoid any potential problems.
Basically, the way in which Visa Secure works is by checking to see if the information you provide when you process a transaction with a particular online merchant is correct. If it is not, or the information is incorrect, Visa will automatically decline the transaction. At the same time it will encrypt all further transactions in such a way that the online merchants can be assured that there won't be any risk of their customers' personal details being obtained in the process of processing a transaction. In effect, the whole process is described as being “secure 2.0”.
This secured 2.0 system is one of the ways in which Visa has tried to shore up its brand image by ensuring that it only issues credit cards to people who have been verified. It is also trying to ensure that the identity of the person making the payment is clear to anyone watching. Visa is taking every measure possible to ensure that cardholders are fully protected against the threat of online identity theft.
When it comes to choosing a participating merchant for Visa Secure, you should look for one that is part of the program. As with all security programs, the more organizations that choose to participate, the more secure your card is when you make a transaction. Visa works with banks and financial institutions to ensure that cardholders' identities are safe. The more secure your card is when you make a payment, the less likely your personal details are being used by thieves.
The process of using a participating merchant with this system is quite easy. When you go shopping online, simply use your credit card to pay for what you want to buy. After you've made your purchase, just visit the merchant's website and follow the simple online shopping process. You'll need to provide your credit card information once more, but once you've completed your transaction, you'll see your total and your status on the Visa website. If you have yet to complete a purchase, then you'll see a series of security check results. At this point, it's your choice – if you want to proceed, or if you'd like to cancel your current transaction and wait for another to appear.
The advantage of using a participating merchant with this system is that all of your information – including your email address – will be protected from being shared. However, once you've completed an online shopping transaction, you may need to provide your email address again. It's for this reason that most people choose to receive their Visa cards through their email, rather than on their telephone, as telephone numbers tend to be shared by numerous people.
Another benefit to using a participating merchant is that you only have to enter your full credit card information once. Rather than having to enter that information again each time you shop online, you can rest assured that it will not be shared. In addition, this system works in conjunction with a second security check. If you'd like to continue shopping online after you've finished shopping online, you can simply enter your information on the shopping cart page again, and the Visa card will be authorized for a further purchase.
Visa makes it very simple for anyone who wants to use a virtual credit card. All that's required is that you're over the age of eighteen, that you reside in the United States, and that you make at least one online purchase each month. As with any other type of payment solution, though, you'll want to be sure to follow the same security measures in order to ensure that your information isn't compromised. Your identity is important, so you don't want to leave anything up to chance. Keep in mind that these security measures are a double-edged sword, however, and if you don't follow the rules you may end up having your identity stolen in a way that you weren't expecting.