As part of our continued efforts to provide the highest levels of customer security, Speedcard is pleased to announce that Verified by Visa (VbV) is now available to all customers who have Speedcard Cards.
VBV will be used for all customers who wish to use their Speedcard Cards for online purchasing and the registration to this free service is mandatory.
What is VbV?
VbV is a simple and secure way to pay at thousands of online stores. It is a special program designed to protect you from unauthorized use of your Card at participating online merchants.
A secret “password” known only to you enhances your existing Card account by protecting you against unauthorized use of your card when shopping online at participating online retailers.
Every time you pay online at participating retailers, you will be automatically prompted to enter your own secret “password” - just like entering a PIN at the ATM. In seconds, you gain added protection while shopping online.
How does VbV work?
You will be prompted to enter information that you have on your card or that you know, and will be asked to establish your own secret credential and your “password”. Once you have activated your card each time you make a purchase with a participating online merchant you will be automatically prompted at checkout to provide your “password” as part of the checkout process. Your “password” will be verified by Speedcard and your checkout process will continue.
No one will be able to use your card for payment at a participating merchant unless they know your secret credential, your “password”. When you correctly enter your “password” during a purchase at a participating online merchant, you confirm that you are the authorized cardholder and your purchase is then completed. If an incorrect “password” is entered, the purchase will not be completed.
Even if someone knows your credit or debit card number, the purchase cannot be completed without your “password” at a participating merchant.
How to activate your card for VbV?
You can “activate” or register your card for this protection by:
2. clicking on a link to Verified by Visa the next time you are shopping at a participating merchant, or
Instructions of how to proceed will be provided to you at that stage.
You will be presented with a screen that will ask you to supply information from your card (Card Number, CVV, Expiry Date, Name on Card), you will also be asked to supply another piece of information, for validation of your identity. Once your identity is validated, you will be asked to:
1) 1) Create your own “password”.
You will need to remember this password to use when you are shopping at
participating online merchants, to authenticate yourself when you use your
card.
2) 2) Create your own “personal assurance message”.
This is a short message you create, that means something to you. Everytime
you are shopping at a participating merchant, your own personal assurance
message will appear. This is how you know that you are on a legitimate site.
It assures you that you are shopping on a secure online site.
VBV is just one of many ways Speedcard is working to protect our customers, so that you can enjoy using your card safely and securely wherever you are.
Yours Sincerely,
Customer Services Team
