3D Secure<\/span><\/h2>\n\n\n\n

3D Secure (3DS-online checkout verification) is a MasterCard supported secure customer authentication solution for online transactions to prevent card fraud. Branded as \u201cMastercard Identity Check\u201d, this may be triggered during checkout on the merchant website. Two authentication methods are available, both require the cardholder to receive and enter a 6 digit verification code:<\/p>\n\n\n\n

\n
• SMS one time pin (default)<\/li>\n\n\n\n
• Email one time pin (fallback)<\/li>\n<\/ul>\n\n\n\n

  Cardholder mobile or cardholder email address credentials can be viewed and edited under Card details. To update cardholder mobile or cardholder email address, a verification code will be sent to the credential which must be entered to apply the update. The update will then be applied to all cards belonging to that cardholder. By default for a new card issued to any selected cardholder, the security mobile \/ email of the main account will be attached to the card.<\/p>\n\n\n\n

  Transaction results<\/span><\/h2>\n\n\n\n

  The statuses displayed for your transations would imply the following:<\/p>\n\n\n\n

  \n
  • Pending\n
    \n
    • Card payment has been authorised by Merchant<\/li>\n\n\n\n
    • Funds will show as deducted from World Account balance but have not yet been settled back to the Merchant<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Successful\n
      \n
      • Card payment has been authorised and settled with the Merchant<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Declined\n
        \n
        • Card payment authorisation has been declined by the Merchant<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Refunded\n
          \n
          • Settled card payment has been refunded by the Merchant<\/li>\n<\/ul>\n<\/li>\n\n\n\n
          • Cancelled\n
            \n
            • Authorised card payment has been refunded by the Merchant<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
              \n

              \n

              Notes:<\/strong><\/p>\n\n\n\n

              There are two stages to a card transaction \u2013<\/strong><\/p>\n\n\n\n

              1. Authorisation<\/strong><\/p>\n\n\n\n

              The first stage in a transaction life-cycle where a merchant requests approval for a card payment amount. If the authorisation is approved, the amount is ring-fenced on the card. Ring-fencing means that the amount is blocked and the available balance on the card is reduced by this amount.<\/p>\n\n\n\n

              2. Settlement<\/strong><\/p>\n\n\n\n

              Settlement is the stage where the merchant requests settlement for the card payment amount and this is debited from the client World Account and credited to the Merchant bank account<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

              The World Card is a versatile and secure payment solution that allows users to conduct transactions seamlessly across the globe. Whether you’re shopping online or making purchases in person, the World Card supports multi-currency payments, enabling you to spend in up to 15 main currencies without FX fees as long as you have sufficient balance […]<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"doc_category":[33],"doc_tag":[],"acf":[],"yoast_head":"\n