To comply with PASA regulations, we are switching to 3D Secure for all payments on the Registrar Panel from Monday 9 March 2015.
3D Secure is an online credit card payment authentication standard developed by major card companies in order to make online credit card transactions more secure and to decrease the risk of fraudulent use of credit card payments online.
With 3D Secure, an online credit card payment is redirected to the website of the issuing bank for authorisation. The issuing bank sends a one-time pin to the buyer’s cell phone or e-mail address. The buyer needs to enter that pin online, in an authentication page, for the payment to be accepted by the issuing bank. The one-time-pin is known only to the buyer and the bank that issued the credit card. The merchant has no access to it.
The Visa 3D Secure system is called Verified-by-Visa, and MasterCard is known as SecureCode.