MasterCard SecureCode Gathering Global Momentum

Thursday 4 December 2003 10:12 CET | News

MasterCard International has built significant worldwide momentum for its MasterCard SecureCode program, a global e-commerce security solution for Internet retailers and member financial institutions to authenticate cardholders when they use their MasterCard and Maestro credit and debit cards to shop online.

As of November 2003, there are 2,511 card issuers and 123 acquirers enrolled in the MasterCard SecureCode program around the world. In addition, more than 9,000 merchants worldwide are now participating in the program. Additionally, MasterCard has signed MasterCard SecureCode agreements with 115 technology vendors to license the MasterCard SecureCode specification for integration with pre-existing security solutions or for standalone applications. MasterCard has also deployed the MasterCard SecureCode Hosted Service as a fully customizable ?on behalf of? service. The service is ideal for those issuers who choose not to implement an authentication solution of their own.

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Categories: Payments & Commerce | Payments General
Countries: World
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