Head of Operations at BuyaPowa Limited
17 April 2007 11:56am
I have been hearing lots of conflicting statements about Verified by Visa and 3D Secure, with some people suggesting it will become law for all transactional websites to incorporate them by July 2007.
I havent been able to dig up any information that either validates / refutes this - does anyone know what the situation is?
18 April 2007 18:00pm
Mastercard is mandating Securecode (MCS) for Switch/Maestro transactions from 1st July 2007, but neither Visa or MC have yet specified a date for credit transactions.
Retired at Retired
19 April 2007 14:29pm
One of my clients (only) has been told that they need to implement this by the end of June.
They were told this only a couple of months ago. It is a very tight timescale.
I had a look on the Visa website an frankly it will take until June to read all the documentation. Fortunately oour payment gateway company (Servebase) has managed to extract what we need and it doesn't seem too bad. But I have asked for a test account and I am still waiting.
Does anyone know if the card processors are open to an extension. I can't believe that this has been sprung on us with only 6 months notice.
Project Manager at ICICI Bank
04 January 2008 14:33pm
Any mention of this regulation by VISA / MC ?
Could someone help me with press release / webpage that mandates this on VISA / MasterCard ?
04 January 2008 15:01pm
But I think it is the banks who are making this mandatory. Some banks seem to have a different approach to others.
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