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

Sooler

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.

clio

But it is a good idea it only takes 2 minutes to enrol and it does protect the card user.

surreysaver

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.

LongTermLurker

surreysaver wrote: »

It is another password to remember,

and another password to guess, so I agree with Clio

surreysaver wrote: »

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.

surreysaver

LongTermLurker wrote: »

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.

LongTermLurker

surreysaver wrote: »

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!

Wombat21

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

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

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.

surrey_jim

making payments using a Debit card on the american express website requires VBV

antuk

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