Verified by Visa, the cardholder information authentication program will be implemented with every online transaction that use Visa card. The program protects the card holders and the Merchants from the card steal, the illegal card information using on the online purchases.

You can use your Visa international card to buy the goods or services on the websites in Vietnam and over the world. Normally, if you enter the card information correctly, your card balance has enough money to pay and it has been activated the internet banking function then your card limit will be deducted by the transaction value. Since the payment base on the information which are displayed on two card faces, in many cases the card information can be seen and exploited easily.

If both the website and the issuer bank participated on Verified by Visa program, the customers will have to enter the internet password aside from the information on the card faces. This password, that helps us prevent the card information exploitation on the online payment, was provided privately for cardholder by the issuer bank and complete security.

Like Visa, the other international card organizations in the world built the similar security programs, such as MasterCard Secure Code or J Secure program. In Vietnam, the websites are connected with OnePAY payment gateway are applied those security programs to help the cardholder and e-commerce websites manage the online transaction safely.

Source:  OnePay.Vn

This will mean they are better protected for goods bought on the card.

Anyone with an Ulster Bank card will also be sent a Visa card as a replacement. Customers of the trio, all part of the RBS group, should receive their cards any time between now and end of autumn, though some may have already arrived.

Maestro, Solo and Cirrus are all part of Mastercard.

Visa money back promise

The chief benefit of the move is that Visa cardholders receive more consumer protection than Mastercard holders.

Visa operates what it calls a ‘Chargeback’ scheme which means you can try to claim money back from your card provider if any goods you bought on the plastic do not arrive or are faulty (see the Visa Chargeback guide).

However, you must make your claim within 120 days of the problem occurring.

This protection is often most beneficial when a firm you’ve made a purchase from goes bust before any items arrive or before you’ve used the service paid for (see the Budget airline SkyEurope collapses MSE news story).

RBS says having a Visa means you are three times as likely to have it accepted than a Maestro card. This mainly applies abroad, though RBS cards are rarely the best to use overseas (see the Cheap Travel Money guide).

Credit card benefit

The Visa Chargeback scheme also applies to Visa credit cards. However, any credit card holder is normally protected for goods bought on their plastic worth over £100.

This is because Section 75 of the Consumer Credit Act states that the card provider is jointly liable with the retailer if anything goes wrong (see the Section 75 guide).

This is enshrined in law whereas the Visa Chargeback promise is a scheme chosen by the plastic issuer to boost business.

Martin Lewis, MoneySavingExpert.com creator, says: “Increased protection is always welcome. Yet Visa Chargeback should only ever be seen as an emergency solution after the event.

“If you’re planning to make a purchase for more than £100, especially where delivery or gratification isn’t instant, paying on a credit card at getting the statutory section 75 protection is a far stronger. Though of course on a credit card always repay in full to avoid interest.”

The down side of switching from Mastercard is that it frequently runs promotions and competitions.

Further reading/Key links

Get refunded: Section 75 and Visa Chargeback guides

Comment/Discuss

Discuss this MSE news story: Natwest/RBS Visa bonus

So, which way to help you protect yourself and no afraid to lost information or lost much money when you try to other some software or item in new shopping.

Easy way is Prepaid Credit Card. You just want to ask ” What are Prepaid Credit Cards ” ?

You can read more about that concept at follow article : ” What are Prepaid Credit Cards ” .

Next part ? We introduce to you a Prepaid Visa Card, that is Rush Card :

The RushCard is a prepaid Visa card.

It offers the convenience of a credit card, without the debt.

ts prepaid which means that the money you put on the card sets the limit for how much you can spend.

Access Your MoneyAnytime, Anywhere with the Power of a Visa Debit Card – even through ATMs

Less Hassle on payday with FREE DIRECT DEPOSIT

Everyone Approved
*pending verification of identity

Easy to Add Money

No Hidden Fees

With a Prepaid Visa RushCard, you can now manage your money with confidence. You set the limit by the amount of money you add to the card. Then you can use it to make purchases wherever Visa is accepted or to withdraw cash from over 800,000 ATMs.

Sign up for FREE Direct Deposit and your paycheck (or a portion of it) will be available on PAYDAY instantly. You can also check your balance and transaction history 24/7 online at rushcard.com

A prepaid credit card account is opened by depositing money into that account, much in the same way you would make a deposit to open a checking or savings account. Once you have money in your account, you’re issued a prepaid credit card that can be used anywhere one would use a regular credit card. The best part of the prepaid credit card is that you can charge to your heart’s content and you won’t be in debt. The money is yours and once it’s gone, you can’t spend any more until you make another deposit. There are no bills and no interest charges. It’s the same principle as using a debit card linked to a savings or checking account.

So what’s the catch? First, you’ll have to pay a fee to set up your account. The amount varies, but you can probably expect to pay about US$5 to $10 to open a prepaid credit card account. In addition, you’ll have to pay additional fees every time you deposit more cash into your prepaid credit card account. For those with bad credit, the benefits of a prepaid credit card far outweigh the risks. They’re able to reserve rental cars or hotel rooms, and don’t have to worry about credit card bills and interest payments later.

Those who are planning to use the prepaid credit card to pay for a monthly Internet subscription, or to purchase an item where a fixed amount is deducted from their card each month, might be dismayed to learn that this might not be possible. Many of these businesses don’t want to do business with a prepaid credit card because there’s always the risk that there won’t be any money in the account when it comes time to pay the bill.
If you’re frustrated because a credit card is necessary to get by in today’s world, but can’t apply for one because of bad credit, you might consider a prepaid credit card. You’ll have most of the advantages of a credit card, and you won’t have to worry about interest charges. Sounds like a prepaid credit card is a pretty good deal.

Centurion

• The card is constructed of CARBON GRAPHITE (compared to titanium alloy for the AMEX Centurion)
• 24 hour concierge
• Luxury gifts?
• Annual fee is $495, compared to $2500 for AMEX
• Only the top 1% of Americans will qualify for a card (fairly exclusive)

Via: http://www.bankaholic.com/858/visa-launches-black-card