How does 3D payment gateway work?

When a transaction using a Debit/Credit Card involves a 3D page authentication that requires OTP/3D secure password for security checks apart from the Card details (Card Number, Expiry Date, and CVV), then it is known as a 3D Payment Gateway Transaction. It adds an extra layer of security to online payment.

How does 3D secure authentication work?

How does 3D secure work? When you go to pay on a website and enter your payment details, you then get redirected to your debit or credit card provider’s 3D secure web page. It’s here where you are normally asked to provide either: the password that you’ll have previously set-up with your bank.

What is 3D secure online transaction?

3D Secure is a FREE service facilitated by VISA and MasterCard that lets you transact online securely using your Debit or Credit Card. Verified by Visa (VBV) / MasterCard SecureCode (MSC) use password protection during an Internet purchase to authenticate the customer as an added fraud prevention measure.

What is 3DS processing?

The 3DS authentication process uses Secure Sockets Layer (SSL) protocol to send Extensible Markup Language (XML) messages with client authentication, providing digital certificates to confirm the identity of all parties involved in the transaction. This ensures maximum security.

What does successful liability shift for enrolled card?

If a card issuer confirms that a card is enrolled under 3D Secure and the cardholder authentication is successful, then the liability shifts from the merchant to the card issuer (e.g. bank). The guidelines suggest that the merchant proceeds with authorisation of the payment.

What is difference between 2D and 3D payment gateway?

Once again, the 2D payment gateway only requires a credit card number and expiry date to accomplish the payment. In contrast, the 3D payment gateway demands the ID and the password provided by the issuer, in addition to the credit card number and the expiry date.

How secure is 3DS?

3DS is a security protocol used to authenticate users. This provides an extra layer of protection for payment card transactions in card-not-present scenarios. It was designed to allow a cardholder to authenticate its identity to prevent payment fraud, stymie unauthorized transactions, and reduce chargebacks.

What is 3DS compliance?

Europay, Mastercard, and Visa (EMV) three-domain secure (3-D Secure or 3DS) is an EMVCo messaging protocol that enables cardholders to authenticate with their card issuers when making card-not-present (CNP) online transactions.

How do these payment systems authenticate?

Payment authentication is the process of confirming a customer’s identity through at least one of the following authentication factors: knowledge, inherence, ownership, and user location. Knowledge is the most common category used for transaction authentication.

How do I secure my 3D debit card?

Features

1. Shop. Make an online purchase at any website with the ‘Verified by Visa’ sign.
2. Pay. Enter your Standard Chartered credit or debit card details during the checkout process.
3. Receive OTP. You will receive a One Time Password sent to your mobile phone and email address.
4. Enter OTP.
5. Complete.