Verified by Visa is a security protocol that was designed by a company called Arcot Systems and it offers added security for online debit and credit card transactions. Visa introduced it for its credit and debit card customers for offering them with enhanced security for all of their online transactions. When you use your Visa credit card online for any transaction, you will need to provide your verified by visa password as an added security. Thus, you can be assured that the online transactions are secured and that no unauthorized individuals can access your credit card information and you can shop online with peace of mind.
These days, most people like to shop online with their debit and credit cards. When you shop online from your favourite websites, you have to enter your credit card details and if that information is accessed by a fraudsters they can complete fraudulent transactions with your card and the same will be charged to your account. Your information will be compromised and you will have a lot of difficulty in making sure that you are not liable for those fraudulent transactions. By opting for verified by visa, you can minimize the risk of being a victim of credit card fraud and your online transactions will be more secured.
If you make regular purchases online, using verified by visa will be a boon to you. It creates an additional level of security and works with the help of 3 domains, which are:
When a transaction is initiated on the acquirer domain, the customer needs to provide the required card details on the issuer domain and then he or she is prompted to provide the verified by visa password thus making sure that unauthorised individuals cannot access the information entered by the cardholder.
You can join the verified by visa service through the bank or organization that issued your Visa card. You will only need to choose a password and a personal message. After joining you can shop at any online store that accepts Visa credit or debit cards and is also a part of the verified by visa network. Once you have created the password, shopping with your Visa card will be easy and also absolutely safe.
The procedure to shop with verified by visa is very simple and easy, as given below.
Using your Visa card on the internet is as safe, fast, easy and reliable as shopping in traditional stores. And with Verified by Visa, it's even better. Verified by Visa ensures that both you and the retailer (from whom you are making the purchase) are who you say you are. Look for the Verified by Visa logo on your favourite websites.
If you want to use your Visa card on a website that does not yet offer Verified by Visa, you must take these simple safety precautions:
When you try to complete a transaction online with your credit card and if the merchant is a part of the Verified by Visa network, you will be prompted to enter your password. In case you do not have a password already, you will be prompted to register and create a password by following the steps given on the site. You can register for this service with any of your Visa credit card or debit card. Even if you have multiple Visa cards, you can register all of them for this service. The Verified by Visa password can be alphanumeric or just numeric.
The registration process is not only simple but fast as well and as soon you complete the process you will be able to use your Verified by Visa password to shop online with your Visa credit card and debit card. You might need to enter the One Time Password (OTP) sent to your registered mobile number to complete the registration process. Also, you might be prompted to provide other details about your card such as the card number, expiry date, CVV number (the last 3 digits on the back of your card) etc. to complete the process.
No, you will not need to download any software to use this service. You will only need an up to date computer with a decent internet connection to access the Verified by Visa service.