Quote:
Originally posted by Kohun
CVV2, Verified by Visa, etc allow a better and more accurate approach in confirming the cardholder and thus, make it increasingly difficult to 'chargeback' those transactions.
BUT I agree with you that any sales drop since Billing required CVV2.
Do you know any processing that not using verification of CVV2 ?
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Believe me if they want to charge back they will. It will in no way become more difficult for a surfer to do it. Really this is all about Visa compliance, adding the three extra digits from the back of the card will not beat fraud artists. How it proves that the card is in hand is beyond me.
Verotel still has no CVV2 field. I think a few processors have the fields on their join pages but they are not actually being used.
SU's seem to be a bit better with Ibill today, hopefully they are just getting the bugs out of the system.