Visa MasterCard and JCB have developed authenticated payment capabilities
to improve online transaction security. By creating a virtual signature
in the form of a password chosen by you when you sign up, hopes to provide a safer online commerce experience for
Cardholders.
These technologies enable two parties (card
holder and card issuer) to authenticate each other by exchanging
digital certificates (electronic identifications) before proceeding
with an online transaction, assuring the Cardholder that he is dealing
with a legitimate merchant and providing the merchant with proof of
participation of the real Cardholder. This gives both parties the
confidence to proceed and creates a digitally signed record of the
transaction that can be verified afterwards.
Get more detailed information about the Verified by Visa program. You can also directly activate your credit card for Verified by Visa online if you go here.
For MasterCard SecureCode, find out more about this verification process on the MasterCard SecureCode page. Or sign up for the program right away at the provided online form
For JCB J/Secure, find out more at here.