about 3D secure pin used in online transactions

1. - UNIQUE11 TEAM

2. CONTENT
• INTRODUCTION
• PURPOSE
• IMPLEMENTATION
• ADVANTAGES
• DISADVANTAGES

3. WHAT IS 3D SECURE PASSWORD
* It is an E-commerce application for payment system.
* 3D stands for 3 Domains here.
* 3D secure is an XML based protocol to implement the better
security to the credit & Debit cards transaction.
* so the password formed by 3D secure protocol is called
3D secure password.

4. 1. ACQUIRER DOMAIN : The merchant to which money is being
paid.
2. ISSUER DOMAIN: The bank which issued the card being used .
3. INTER OPERABILITY DOMAIN: The infrastructure provided
by the credit or debit card company to support 3D protocol.
WHAT ARE THE 3 DOMAINS?

5. ACQUIRER DOMAIN..

6. ISSUER DOMAIN..

7. INTER OPERABILIY DOMAIN…

8. WHO DEVELPOED THIS 3D SECURE
PASSWORD?
* It was firstly developed by the company ‘VISA’ and gave the
name “ Verified by VISA”.
* Now it is adopted by ‘Master Card ‘ they give it the name
“Master Card Secure”

9. • For online purchasing mostly we have to pay Digital cash
• So we have to deal online then it includes Bank , Merchant and Customer.
• So there is requirement of security from fraud and money theft.
• It is being used for removing the risk over the Internet so that the
customer can feel free in doing Online transaction.
PURPOSE FOR USING OF 3D
PASSWORD…….

10. HOW 3-D SECURE PASSWORD WORKS?

11. • In order to use this service, and and member bank
has to operate a compliment software that supports the latest 3D Secure
protocol specifications .
• Once compliment software is installed ,
• the member bank will perform product integration testing with the
payment system server before it rolls out the system.
IMPLEMENTATION OF 3D SECURE
PROTOCOLS BY BANKS

12. HOW TO MAKE PAYMENT USING 3D
PASSWORD

13. • Reduction in “ Unauthorized transactions” CHARGE BACK.
• More security and reliability.
• More security means more of the customers ,more transactions which
ultimately means more profit.
ADVANTAGES FOR MERCHANTS

14. • Decreased Risk of Fraud for Online Payments.
• Better Password Security.
• Better Online Shopping Experience.
ADVANTAGES FOR CUSTOMERS

15. • For the Merchant it can be too expensive because in purchasing
Software , monthly fee , setup fee , per transaction fee so Customer
has also face these expenses .
• There may be more phishing attacks with unfamiliar domains
because of vendor’s MCS and outsourced ACS implementations
by issuing banks.
LIMITATIONS

16. • It was officially launched in 2007 and now most of the banks are
working with this.
• ICICI and more banks are working on implementing on 3D
secure.
• As now more than 100 vendors are developing 3D secure.
• Current version 1.0.2 is running with high performance.
CONCLUSION

17. THANK YOU
- MANISH