Monday, 3 December 2012
Gopalan Cinemas Online Booking - What Does 'Verified by VISA' Exactly Mean?
As it has implications for both parties, understanding this program is important to both retailers and shoppers. Have the option to add a layer of protection to their card with the Verified by Visa program, whether credit or debit cards, those who use Visa cards. It is simply too easy for someone to grab an unsuspecting individual's credit card information and reek havoc before anything can be done to stop them. Online merchants and shoppers constantly have to be alert to the dangers of identity theft and fraud.
And this helps the consumer verity that the box is the actual Verified by Visa box and not a scam, something that the cardholder chooses at activation, the screen will also have a Personal Message. Because the credit card user will create a special password to enter into this screen, this is where the additional security comes into play. A special Verified by Visa window will pop up automatically, when they are shopping online with a participating retailer, then. How Verified by Visa Works for Consumers
Consumers who wish to use the Verified by Visa program start by activating their cards.
So he will be unable to use your card and the payment will be denied, chances are fairly remote he will also know your password, if someone knows your credit card number. It will be harder for someone else to make purchases online using your stolen credit card information, if you are a Verified by Visa member, well. How does this add protection?
There are many scams out there looking to steal your credit card number by posing as the Verified by Visa program. Do not enroll in this program unless you are on the actual Visa website, however. The official Visa website has a form cardholders can use to see if their card is eligible for the program. With a few exceptions, any Visa card can be enrolled in the program. There is no cost for the Verified by Visa program.
You will know the retailer is a participating retailer by looking for the Verified by Visa logo on the website. As the Verified by Visa window will pop up automatically as you check out, you do not have to do anything special. Simply look for retailers that offer the Verified by Visa program, when you wish to use the Verified by Visa program to add security to your online shopping.
There are other benefits for merchants who participate, however. Which can increase your sales among Visa cardholders, the most obvious reason to do this is to give your customers added protection from fraud. How Verified by Visa Works for Merchants
If you are an online merchant you may wish to consider adding the Verified by Visa option to your website.
Although this can vary depending on the arrangements that the merchant and the bank have, transactions that are made using the Verified by Visa program are charged a discounted transaction fee in most situations, also. Even if the cardholder does not participate in the program, all Visa card transactions handled by participating merchants are protected from fraud-related charge backs. The Verified by Visa program actually protects merchants just as it does consumers.
Showing your consumers that you have the program, the software also gives you the Verified by Visa logo to add to your site. And then all of your consumers will be protected if they participate in the program, all you have to do is install the software onto your server. Implementing the program is easy.
Work directly with Visa or your bank when activating your card or implementing this program onto your website, to avoid these problems. There are scams out there that mimic the program but are looking to take your personal information, as with any similar program. The Verified by Visa program adds security and peace of mind to the online shopping experience, whether you are a merchant or a consumer.
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