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Wednesday, July 8, 2009

Payer Authentication

Payer Authentication
A means of verifying the identity of a cardholder who is making an online purchase. Payer Authentication products, such as PPI BuyerAuth, implement credit card vendor verification technology, such as MasterCard SecureCode, Verified by Visa, and JCB J/Secure. Merchants using payer authentication are guaranteed payment on authenticated transactions. Payer authentication reduces fraud related losses, such as chargebacks.

 

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