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Verified by Visa may block your card if you don't opt in

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Sooler
Sooler Posts: 3,108 Forumite
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http://www.theregister.co.uk/2008/08/07/verified_by_visa_compulsion/

"The Verified by Visa system may be marketed as an optional opt-in system for internet shoppers, but some banks are forcing users to enrol after only three attempts to avoid it."

It says if you chose not to enrol your card will be blocked everytime the purchase process presents the VbV option. You're never warned before hand if VbV is used by the merchant or not, once the VbV screen appears there's no way out other than to accept, if you chose to get out by closing the browser fraud protection will block your card.
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  • clio
    clio Posts: 3,345 Forumite
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    But it is a good idea it only takes 2 minutes to enrol and it does protect the card user.
  • surreysaver
    surreysaver Posts: 4,152 Forumite
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    It is another password to remember, and you will not have had a chance to think up a difficult to guess one, so you will likely use a password that you already use, or one that is easy to guess.
    I consider myself to be a male feminist. Is that allowed?
  • LongTermLurker
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    It is another password to remember,
    and another password to guess, so I agree with Clio
    and you will not have had a chance to think up a difficult to guess one, so you will likely use a password that you already use, or one that is easy to guess.
    How long does it take to think of a password? It's not like "3...2..1..transaction aborted".

    Think of one now - then go to your bank's website and register.
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • surreysaver
    surreysaver Posts: 4,152 Forumite
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    and another password to guess, so I agree with Clio

    How long does it take to think of a password? It's not like "3...2..1..transaction aborted".

    Think of one now - then go to your bank's website and register.

    That is fair enough if you are expecting to have to think of a password - but when you are in a hurry and find out ur gonna get blocked if you don't proceed with the transaction, then you are going to put something obvious in.
    I consider myself to be a male feminist. Is that allowed?
  • LongTermLurker
    LongTermLurker Posts: 1,996 Forumite
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    That is fair enough if you are expecting to have to think of a password - but when you are in a hurry and find out ur gonna get blocked if you don't proceed with the transaction, then you are going to put something obvious in.
    I think the OP said they were forcing you to register after 3 transactions? Therefore, you would have said "enroll later" three times - I must admit, it took me a while before I eventually gave in and enrolled!
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • Wombat21
    Wombat21 Posts: 395 Forumite
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    I realise that some people welcome this, but I am not pleased about being forced to sign up to more passwords :mad:
    Anyone know of cards not using this system? I am thinking American Express might be a good one.
  • antuk
    antuk Posts: 361 Forumite
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    Wombat21 wrote: »
    I realise that some people welcome this, but I am not pleased about being forced to sign up to more passwords :mad:
    Anyone know of cards not using this system? I am thinking American Express might be a good one.

    Both Mastercard and Visa have a scheme, atm only Amex are not participating. The reason the banks insist you sign up is that if you don't they are liable for any chargebacks if there is any fraud. If you do sign up then this passes onto the receiving merchant bank.
  • LongTermLurker
    LongTermLurker Posts: 1,996 Forumite
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    Wombat21 wrote: »
    I realise that some people welcome this, but I am not pleased about being forced to sign up to more passwords :mad:
    Anyone know of cards not using this system? I am thinking American Express might be a good one.
    Amex - and possibly Diners Club - are the only non-visa and non-mastercard cards that spring to mind. Even if you find a visa or MC that doesn't currently subscribe, I'm sure they will soon enough.

    Trouble with Amex is they still aren't universally accepted, the reason being that they charge the retailer more than visa or MC and everyone has a visa or mC - so really, there's little incentive for retailers to support amex - I'm surprised (but pleased) so many do.
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • surrey_jim
    surrey_jim Posts: 96 Forumite
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    making payments using a Debit card on the american express website requires VBV
  • antuk
    antuk Posts: 361 Forumite
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    surrey_jim wrote: »
    making payments using a Debit card on the american express website requires VBV

    Thats nothing to do with american express, the bank issuing the debit card is the one bringing up the vbv page
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