That is 3D secure, which is just an additional authentication level on top of re... | Hacker News

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thescriptkiddie on Dec 7, 2020 | parent | context | favorite | on: How Payment Transaction Processing Works

That is 3D secure, which is just an additional authentication level on top of regular credit cards. It protects merchants from accepting stolen credit cards, but doesn't really protect the card holder from a malicious merchant.

Drdrdrq on Dec 7, 2020 [–]

Nor does it need to. Card holder has a more powerful weapon: chargeback.

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