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Verified by Visa & MasterCard® SecureCode™ Our cGate®SecureVerify is a fully compliant, Payer Authentication solution for Verified By Visa and MasterCard® SecureCode™. Based on the Card Associations’ 3-D Secure™ technology, cGate®SecureVerify provides merchants and bank acquirers with protection from fraudulent transactions, chargebacks and unauthorized payments made through an eCommerce web site. The Business Case for 3-D Secure™: Until recently, Internet based card transactions have been classified as ‘card-not-present’ and ‘no signature present’ so it has been virtually impossible to prove that the actual cardholder is the person performing the payment transaction at an Internet merchant site, nor the age of the individual actually performing the transaction. That changes with the introduction of 3-D Secure™ services which provide Internet merchants with the ability to verify the consumer’s true identity through a secure, electronic, non ‘face-to-face’ authentication process. Payer Authentication enables all parties in an eCommerce payment transaction to transmit confidential and valid payment data, and provides verification to the merchant that the buyer is the authorized owner of a particular card account. A valid and approved authentication also helps to confirm the minimum age criteria of the cardholder or guarantor (18) for those eCommerce transactions that are restricted to consumers over the age of 18. Fraud protection: The most compelling benefit to Verified By Visa and SecureCode™ programs for merchants and acquirers is immediate protection from fraud-related chargebacks or those commonly referred to in the eCommerce industry as "I didn’t do it" chargebacks, which often result from card number theft, card skimming, counterfeit number generation and home-based fraud by family members. Without such protection merchants and acquirers lose revenue and incur costs associated with retrieval fees, chargebacks, and administrative costs. Both Visa and MasterCard have implemented chargeback liability shift for these “I didn’t do it” chargebacks when the transaction is authenticated through Verified By Visa or MasterCard® SecureCode™. 3-D Secure™ will vastly improve the payment service for eCommerce merchants, consumers and acquiring members by lowering credit risk, offer enhanced convenience, acceptance, and security. Consumers will know that they can shop safely and conveniently while preventing fraud on their card, and merchants will know they are dealing with a legitimate cardholder - anywhere in the world. APPLY NOW BY SENDING US AN E-MAIL WITH YOUR CONTACT DETAILS: Merchants Apply for cGate®SecureVerify 3-D Secure™ solutions Apply for cGate®SecureVerify 3-D Secure hosting™ solutions Fast site links
Everyone is eligible -- anywhere: cGate®SecureVerify is available to ANY acquirer and their merchants in ANY jurisdiction as long as the acquirer has signed the Enrollment Agreement with Visa and MasterCard for the service(s). Merchant registration in 3-D secure™ is available to any merchant regardless of their current processing and chargeback history, as long as the acquirer has completed their enrolment. Visa and MasterCard are encouraging merchants to enroll in the programs to reduce the current fraud statistics relating to Internet purchases, which constitute 70% of all consumer card fraud. Acquirers are encouraged to contact us or their Card Association regional office to obtain more information on how to sign up to enable 3-D Secure™ as a hosted solution for their eCommerce merchant portfolio. Worldwide benefits of using 3-D Secure™ solutions: Merchants, processors, ISOs and acquirers all benefit from the 3-D Secure™ authentication services as the solution operates under a worldwide security and compliance standard. Cardholders worldwide enroll in Verified By Visa and MasterCard SecureCode™ so that they can authenticate each and every online purchase they make. The overall objective is to reduce Internet fraud through the verification of the cardholder at the time of payment – taking the Internet one step closer to a true ‘cardholder present’ environment. Benefits to merchants include:
Benefits to acquiring banks include:
Secure and simple MPI Hosting Solutions for acquirers: We offer merchants and acquirers a comprehensive ‘hosted’ solution for 3-D Secure™ MPI solutions. The 3-D Secure™ MPI software resides on our servers on behalf of the merchant AND the acquirer, taking the software installation and administrative responsibilities away from the merchant/bank so they can focus on growing and managing their business. There is no plug-in for the merchant to install and no software for the bank to purchase support or test. We can also host the 3-D Secure™ software and MPI on behalf of acquirers who have opted to license their own software for 3-D Secure™ but simply require secure and CISP/AISP compliant management of the software on behalf of their acquiring solutions. Our flexibility allows the acquirer to choose whether to use our MPI solutions or have the bank host their own MPI at our secure facility. Whether the bank processes in-house clearing connected to a VIP and MAP directly or leverages a 3rd party processor for clearing and settlement, we can provide secure hosting options for the bank’s MPI software. Simple set up – fast enrollment - multiple benefits! cGate® SecureVerify installs as a ‘web service’ or link through a web URL to the our hosted MPI software. We manage the entire 3-D Secure™ software solution on behalf of both the merchant and the acquiring bank. The acquirer has the option of enrolling one, some or all of their merchant portfolio to improve the quality of the overall merchant portfolio and risk – we take responsibility for all compliance upgrades and software changes required by Visa and MasterCard® to support cGate®SecureVerify services on behalf of acquirers and merchants. We ensure that the bank and the merchant can continue on with day-to-day business without disruption. Innovative merchant implementation options: cGate® SecureVerify can be implemented easily at any merchant site, whether the merchant hosts their own payment check-out page OR if they require a secure check-out payment page with built in 3-D Secure™ functionality. Merchants can choose the solution that best fits their needs. We can support both options leaving merchants to focus on the business of selling without disruption! What merchants need to do - getting started: If you are interested in implementing Verified By Visa and SecureCode™ at your eCommerce web site, here are the steps to follow:
What acquiring banks need to do - getting started: If you are interested in implementing Verified By Visa and SecureCode™ for your eCommerce merchant portfolio, here are the steps you must follow:
We work with Visa and MasterCard® to assist the acquiring bank with making the right choices associated with 3-D Secure™ MPI hosting solutions based on your business and operational objectives. Fast and easy implementation with merchant web sites: Our cGate®SecureVerify services can support multiple merchants and multiple acquirers, enabling us to manage multiple clients for Payer Authentication securely and efficiently across all Regions. Use ANY payment solution globally and take full advantage of the benefits of our cGate® SecureVerify service. We are able to offer payer authentication services to acquirers and merchants independently from payment gateway services allowing clients to take advantage of a variety of solutions that meet global objectives without impact to primary payment processing or banking infrastructure. cGate®SecureVerify is the perfect solution for large processors and aggregators who can control the number and quality of the merchants that are enrolled. Alternatively, we can work with the acquirer to establish a multi-currency payment gateway relationship for their enrolled merchants. “The solution” for high volume aggregators and processors: This solution is ideal for payment processors, transaction aggregators and IPSP’s who process high volume based card transactions, with the objective to implement Verified By Visa and SecureCode™ to reduce portfolio risk and fees associated with chargebacks. The benefits to high volume transaction aggregators are:
To assist with implementation and enrollment of cGate®SecureVerify we provide the following support to merchants and acquiring banks;
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