| Term | Definition |
|---|---|
| Cardholder Authentication Programs |
Cardholder authentication programs are security processes that protect merchants by verifying a customer’s identity. The two largest cardholder authentication programs are Visa Secure and Mastercard Identity Check, which are both implementations of 3-D Secure 2.0. These programs ask the issuing bank to verify the legitimacy of a transaction or, if unable to do so, confirm the customer's identity through a one-time-password. Read more >>> |
