SecureCode is a service offered by MasterCard that provides an additional layer of security for online credit and debit card transactions. During the checkout process, the cardholder is prompted to enter their unique SecureCode, which is only known to them and their issuing bank.
This security measure makes it significantly harder for unauthorized users to make fraudulent purchases, even if they have the card’s details. It has been designed to protect both the cardholder and the merchant from fraud, reducing the risk of chargebacks and providing a safer e-commerce environment.
SecureCode is especially important in a world where online transactions are increasingly common, and where the incidence of online fraud is a growing concern. Merchants who implement SecureCode in their online checkout process can help to build trust with their customers, by demonstrating that they are taking appropriate measures to protect their customers’ data and financial security.