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Card Security Risk?

Credit Cards, borrowing on Loans and discussions on Stoozing
quelquod
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Card Security Risk?

#15705

Postby quelquod » December 16th, 2016, 1:37 pm

My wife tried to purchase some goods online yesterday from a company we've used before. At checkout, and after entering her card details and address she was redirected to a third-party site (forgotten the name of course) which claimed to help secure cards by a password mechanism and requested name, address and card details. She declined (naturally?) and the sale didn't complete.
Anyone know what this is about? Is it authorised by the card issuers or an independent company? Do the card companies accept responsibility for any fraud through using it?

AllYourBase
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Re: Card Security Risk?

#15720

Postby AllYourBase » December 16th, 2016, 2:11 pm

Was it "Verified by Visa" perchance?

stevensfo
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Re: Card Security Risk?

#16089

Postby stevensfo » December 17th, 2016, 9:57 pm

Was it "Verified by Visa" perchance?


They only ask for certain letters from your online password.

But before you get there, you may have to confirm the billing address, card no. name etc.

Yes, I know. After the financial crisis, I wouldn't trust them with a wet tea bag, but we don't have much choice. Just keep records etc.


Steve

GeoffF100
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Re: Card Security Risk?

#16734

Postby GeoffF100 » December 20th, 2016, 7:17 am

Was it "Verified by Visa" perchance?
They only ask for certain letters from your online password.


Not necessarily. Recently, Santander "Verified by Visa" has not asked for characters from my password. Instead, it has asked for my credit card number, expiry date and my dob. The transactions have gone through, and I have not had any fraud on my account,

GeoffF100
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Re: Card Security Risk?

#16735

Postby GeoffF100 » December 20th, 2016, 7:35 am

That was for large debit card transactions, notably credits to NS&I. I have wondered what banks and brokers are doing about the reported percentage charges on debit card transactions. Perhaps they are treated differently to small purchases.


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