The difference between credit card 3D and non-3D payment channels

VISA, MASTER, AE (3D) payment channels (credit card 3D verification)

For online When it comes to payment, the biggest concern for both merchants and consumers is security. Shouhuibao was the first to pass the global international credit card payment standard: "3-D Verification", providing a safe and convenient online payment channel for China's e-commerce to integrate with international standards. The VISA and MASTER (3D) exchange collection channel was developed by the Agricultural Bank of China. The 3D exchange collection channel is a credit card verification measure set up by VISA and MASTER credit card organizations to protect the interests of cardholders and prevent merchants from malicious card theft. This measure is mainly used in Implemented in Asia. Since the major countries where VISA and MASTER are popular have taken compulsory measures to require registration, the online 3D verification system has hindered about 90% of effective transactions, but at the same time it has also greatly reduced the possibility of malicious fraud by merchants. Only the cardholder knows the personal password and personal confirmation information, so it can effectively avoid transaction disputes such as malicious chargebacks and online fraud, and protect the interests of merchants. How does "3-D Verification" ensure that merchants' interests are not harmed?

1. Private password protection improves cardholders' confidence in online payment

When cardholders go to the issuing bank's When making online payments on the website, in addition to entering the credit card number and expiration date, you must also enter the personal password set in the "3-D Verification" registration.

2. Check personal confirmation information to give you double protection

When you register for "3-D Verification", you need to set a personal confirmation information. Thereafter, when you make an online payment, you can check whether this personal confirmation information is correct to ensure that you are using the secure "3-D Verification" payment system.

VISA, MASTER, AE (non-3D) remittance collection channels (credit card is not 3D verified)

VISA, MASTER, AE (non-3D) remittance collection channels are provided by Guangdong Telecom Industry The foreign credit card payment channel developed by the Group Shenzhen Co., Ltd. has invested heavily. It is currently the only credit card payment channel developed in China that does not require 3D verification, which greatly improves the success rate of credit card payment. This channel satisfies most areas in the world. The payment needs of credit card holders also effectively make up for the shortcomings of current domestic credit card collection tools. It provides merchants with a one-stop collection service. Merchants can manage their collection accounts anytime and anywhere through simple back-end operations. The simplified transaction process reduces losses caused by human errors or postal delays. Collections can be made at any time 24 hours a day. payment, truly achieving 24-hour foreign trade. Telecom Payment’s more stringent risk control system provides security guarantee for your transactions. Simple overview:

3D channel transactions in RMB require credit card password payment. Suitable for Asia-Pacific region. Only suitable for VISA card transactions.

Non-3D channel transactions in US dollars do not require password. Internationally suitable for VISA/MASTER credit cards. Can be used