Credit Card Sercurity

Follow-up to WHAT is the POINT of Mastercard Securecode / Verified By Visa from nathanielho.com :: blog

I tried to buy something on scan.co.uk today. And thanks to Mastercard Securecode / Verified by Visa terminals yielding their ugly heads, I ended up making FOUR orders by accident. Twice with Visa, twice with Mastercard. Card errors this time, I didn’t even get a chance to prove I’d forgotten the number!

So I called Scan up (online banking was no help at all), and the nice guy at customer services said he’d sort it out for me, because despite the fact the verification process failed, its likely they’d be processed anyway! So like I’ve said before, *what’s the point of it?* It would be better if there was a clear objective for it. All vendors should coordinate a point in time when every online transaction requires it. Just like the signature cut-off period when Chip and Pin arrived. They should start making people use the verification PIN from a predefined set date. Only then will people take it seriously, make good and secure PIN numbers for it.

Nathaniel Ho : 03 Jan 2007 15:57 |  Tags: Cards Credit General Mastercard Visa |  Comments (0) |  Report a problem