|What is 3-D Secure? The 3-D Secure initiatives eliminate fraud and "I didn't do it"
chargebacks, guarantee payment to merchants and provide a secure channel
for safe international ecommerce; while also protecting cardholders from
fraudulent use of their credit cards. The benefits are:
- Guaranteed payment on full authentications
- Guaranteed payment on attempted authentications (Visa)
- Chargeback blocking (liability shift)
- International transactions with guaranteed payment
- Lower interchange rates
- Dramatically reduce fraud screening costs
ClearAuth® 3-D Secure Facts
The following facts are statistical averages gathered from over 18,000 merchants
currently running 3-DSecure on their ecommerce sites.
- 7.5 out of every 10 transactions are guaranteed payment
- 95 percent of Visa transactions are protected from chargebacks
- 15 percent of MasterCard transactions are protected from chargebacks
Why is ClearAuth® the solution?
ClearAuth® is an ASP solution that quickly and easily integrates with your
checkout process and enables all of the payment authentication initiatives. By
providing a single integration that addresses the unique data requirements of
each initiative, ClearAuth® eliminates the need to install multiple software
components for each program.
- 80 percent faster implementation
- Customized pricing adjusts to fit your business size
- No annual maintenance or upgrade fees
ClearAuth® is fully compliant with 3-D Secure solutions including
Verified by Visa™, MasterCard SecureCode™ and JCB J/Secure™ programs. ClearAuth® also enables merchants to accept PayPal® payments directly at any eCommerce website.