Verified by Visa and MasterCard Secure Code, what is this?

The Verified by Visa and MasterCard Secure Code is a global security standard which has been developed by Visa and MasterCard to ensure increased security for all of your online payments with credit cards. It simply identifies you with an extra code of your choice when paying for goods and services online.

The Verified by Visa and MasterCard Secure Code logos ensure that the online retailer is genuine.