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What are the main benefits of using 3D Secure for merchants?
0 Out of 1 Found Helpful3D Secure offers several key benefits:Fraud prevention: By verifying the identity of the cardholder, 3D Secure reduces the risk of unauthorized transactions.Chargeback protection: The liability for fraudulent payments is transferred to the card-issuing bank, protecting the merchant from chargeback disputes.Customer trust: Customers feel safer ...
Read MoreWhat are the three domains in 3D Secure?
0 Out of 1 Found HelpfulThe "3D" in 3D Secure refers to the three domains involved in the transaction process:Customer – The cardholder making the payment.Merchant – The business accepting the payment.3DS Infrastructure – The technology that facilitates the authentication process between the bank and the merchant.
Read More3D Secure is an additional security protocol used by RapidCents to authenticate online transactions. It ensures that only the legitimate cardholder can complete the payment by requiring an extra verification step, such as entering a one-time password (OTP) or a PIN. Merchants can enable this feature via the RapidCents Dashboard to enhance paym...
Read MoreTokenization is a process of converting sensitive data, such as credit card numbers or personal information, into a unique identifier called a token. This token retains the essential information about the data but is typically generated through a process that makes it practically impossible to reverse engineer or decipher the original data. I...
Read MoreSSL (Secure Sockets Layer) is a standard security protocol that ensures encrypted communication between a user's web browser and a website. It safeguards sensitive data, such as login credentials and financial information, preventing unauthorized access. SSL certification is crucial for establishing trust and securing online transactions, espe...
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