Seems that some banks are forcing Visa & MC to use it online.
Wondering if they will extend it to our industry, and help put an end to the "
not me" chatgebacks.
Net shoppers bullied into being Verified by Visa
"For e-commerce retailers the scheme guarantees they are dealing with a genuine customer. If the retailer has Verified by visa then the liability shifts back to the bank, avoiding charge-backs for fraudulent transactions."
http://www.theregister.co.uk/2008/08...sa_compulsion/