FlyerTalk Forums - View Single Post - About That Three-Digit Security Code (CVV) ...
Old Dec 14, 2017 | 11:57 pm
  #8  
tmiw
FlyerTalk Evangelist
All eyes on you!
10 Years on Site
 
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,741
Originally Posted by kyanar
3DSecure introduces Liability Shift - where the merchant is immunised from liability for "unauthorised transaction" chargebacks, shifting the liability onto the issuing bank. I would think that'd be a pretty good incentive.
There's apparently a reason why that's not enough of an incentive, at least as of now. Increased online fraud may change those calculations at some point.
tmiw is offline