Visa and Mastercard Verified

The Verified by Visa scheme (VbV) is an initiative that makes shopping online even more secure. This is an industry-wide effort to help combat online fraud. When a customer makes a payment they will be prompted to enter a unique, personal code that has been registered with their bank. The bank then authenticates the cardholder performing the transaction and returns electronic evidence to the retailer of the online authentication. MyGate has completed Verified by Visa certification.


MasterCard SecureCode is initiated on a retailer’s website and interacts with both the cardholder and their card issuer. When a customer makes a payment they will be prompted to enter a unique, personal code that has been registered with their bank. The bank then authenticates the cardholder performing the transaction and returns electronic evidence to the retailer of the online authentication. MyGate has completed MasterCard SecureCode certification.


Minimise credit card chargebacks. 3D Secure helps identify and confirm that the person entering the card details is the legitimate owner of the card.


3D Secure gives merchants the peace of mind that they are protected from fraudulent transactions by authenticating the cardholder at the actual time of the transaction and subsequently reducing exposure to disputed transactions and chargebacks of this type.


What is 3D Secure?


3D Secure stands for Three Domain Secure – the payment industry’s Internet authentication standard which has been developed by the major card companies. Visa has called their version of the scheme Verified by Visa and MasterCard have called their equivalent initiative MasterCard SecureCode. These are both collectively referred to as 3D Secure.