Tevau SecurityPedia — The Application of 3D Secure Technology in Payment Security
An Extra Layer of Protection to Your Transaction
Security of transactions via the internet has become much more crucial with the advancement in technology. Amongst such technologies, 3D Secure (3DS) stands at the forefront, designed to provide an added layer of security for online credit and debit card transactions. While using Tevau, you may also encounter 3DS, which increases the safety of your transactions.
However, some users may not be familiar with what 3DS is, and this article will walk you through it.
What is 3D Secure?
3D Secure stands for “Three-Domain Secure.” These involve the merchant, the bank that issued the card, and the infrastructure supporting this 3DS protocol. In a transaction, the system will trigger an authentication process where usually a password or one-time code is sent to the mobile device of the cardholder to identify a person who is making the transaction as he actually is.
Why is 3DS Important?
3DS was introduced with the objective of enhancing safety features in e-commerce. The following are some of the main advantages:
- Enhanced Security: It provides an extra layer of authentication that drastically minimizes the possibility of unauthorized transactions.
- Fraud Prevention: This helps in detecting fraudulent activities and, hence, saves the merchant and the consumer from fraud.
- User Trust: It helps the user confidently purchase online, knowing that his transactions are well secured.
- Standards Compliance: 3D Secure anonymity to international security standards, therefore strongly establishing the safety of transactions.
At Tevau, our users can also benefit from this added security of the 3DS, making your transactions safer but also ensures a smooth user experience.
How to perform 3DS authentication?
If you trigger 3D Secure authentication while using your Tevau card for a transaction, please completely close the Tevau app from your phone’s background and then reopen it. The authentication page will pop up; simply click “Approve”.
3D Secure is just one of the tools to significantly raise the security bar for transactions executed online. In general, Tevau users can benefit from implementation while undertaking transactions and enjoying a more secure experience. We remain committed to adopting technologies supporting security and safeguarding our users in our persevering drive toward security, as their financial activities are of paramount consideration to us.
About Tevau
Tevau is building the next-generation payment infrastructure by issuing blockchain-powered cards for the convenient daily use of digital assets. This solution addresses issues with slow transaction speeds, high fees, and limited payment options in traditional financial systems.
With a focus on innovation, accessibility, and simplicity, Tevau is revolutionizing how individuals interact with money. Tevau believes everyone deserves the chance to thrive in the ever-evolving world of finance. It empowers users to manage assets, explore new investment opportunities, and seize valuable financial opportunities with ease.