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Hi All,
Verfied by Visa and Mastercard's solution is viable and Netbilling has been testing as well. However, unless it is required by the issuing banks that their cardholders use it, they won't. Why? Because if a cardholder know they have no liability if they do not use that pin code, they won't. For this to be successful, it must be mandnatory. Also, it won't do squat for rebill or misrepresented content as Chris stated above. This solution is by no means as great as some think it will be.... although I hope it turns out that way.
Be sure to come by booth #401 at Internext
Thank you, Mitch Farber
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Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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