FRAUD GUARANTEE

CHARGEBACK INSURANCE

Chargeback Insurance policies protect acquirers or ISOs who sell or underwrite merchant accounts in the event that a merchant leaves their acquirer with a lot of chargebacks and not enough funds in their merchant account to cover their costs.

CONSUMER AUTHENTICATION

Consumer Authentication is also known as 3 Domain Secure, or 3D-S. It is now in version 2.0, also known as EMV 3DS. Specifc 3D Secure programs include Visa Secure (formerly Verified by Visa), MasterCard Identity Check (formerly MasterCard SecureCode), American Express SafeKey, Discover and Diner's Club ProtectBuy, and J/Secure for JCB transactions.

E-COMMERCE INSURANCE

eCommerce Insurance covers losses on approved orders that are fraudulent, but the provider has the final say in what orders are covered.

GUARANTEED PAYMENTS

Guaranteed Payments ensure merchants will receive payment, even for fraudulent transactions, and includes providers of e-commerce insurance, third-party fraud services, and consumer authentication schemes.

MASTERCARD SECURECODE

MasterCard Secure Code is a form of 3-D Secure Consumer Authentication that applies to MasterCard Credit and debit (Maestro) transactions. Verified by Visa, American Express SafeKey and JCB J/Secure are similar services.

VERIFIED BY VISA (VbV)

Verified by Visa is a consumer authentication mechanism also known as 3-D Secure. It is intended to validate the authorized cardholder is the one attempting to make a purchase online.