Why am I seeing ‘Verified’ by VISA or ‘SecureCode’ by MasterCard on my screen? Why am I seeing ‘Verified’ by VISA or ‘SecureCode’ by MasterCard on my screen?

Why am I seeing ‘Verified’ by VISA or ‘SecureCode’ by MasterCard on my screen?

This pop-up box may appear when you are shopping online at participating ‘Verified’ by VISA or ‘SecureCode’ by MasterCard merchants. Once you have confirmed your identity by correctly entering a ‘One Time Password’, you will be able to continue with your purchase.