<A new set of product options, separately licensed>
Now you can make e-commerce transactions more secure for cards that don’t have static CVV2. Typically, it would be virtual cards or private-label closed-loop cards. They are not eligible for 3-D Secure, but our new functionality reuses standard authorization channels to guarantee these cards a similar level of fraud protection.
To make an online purchase, your customer begins with providing the card number and expiration date on the e-store checkout page. WAY4 generates a one-time CVV2 for this card and sends it via SMS or alternative delivery channels. After the cardholder enters the received value on the e-commerce page, the payment is confirmed.
