Re:An identity thief stole $5k from me. I spent two years tr...
by joelccr on Monday May 20, 2024 @04:55AM
(#40413576)
All major CC companies have the extra layer (3-D Secure) available to merchants. Whenever I make a card transaction online that is in any way unusual the bank makes me do an app/SMS 2-factor.
As with any extra step in a purchase its a balance between security and conversion rates. It seems companies have decided it reduces conversion too much in the US hence the low uptake, whereas UK/EU seem to use it very often.
As with any extra step in a purchase its a balance between security and conversion rates. It seems companies have decided it reduces conversion too much in the US hence the low uptake, whereas UK/EU seem to use it very often.