How does ‘Verified’ by VISA & ‘SecureCode’ by MasterCard work? How does ‘Verified’ by VISA & ‘SecureCode’ by MasterCard work?

How does ‘Verified’ by VISA & ‘SecureCode’ by MasterCard work?

‘Verified’ by VISA or ‘SecureCode’ by MasterCard is initiated when you make an online purchase at a participating merchant.

During the checkout process, you may be prompted by your card issuer to confirm your identity by providing a ‘One Time Password’ (commonly received via SMS message).

‘One Time Password’ is used to confirm your identity and maintain your security when transacting online.

This information stays between you and your card issuer and is not shared with the merchant.

Visit www.visa.com.au or www.mastercard.com.au for more information on these services.