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I already use SSL; why is Verified by Visa or MasterCard SecureCode better?

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I already use SSL; why is Verified by Visa or MasterCard SecureCode better?

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‘Verified by Visa’ or ‘MasterCard SecureCode’ also uses SSL, but adds the important security function of confirming the identity of the Visa or MasterCard cardholder, creating a virtual “card present” environment. It is this important additional function that enables Card Issuers to provide your business with guaranteed payment.

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