How does 3D Secure technology in payment gateways contribute to fraud prevention?
- Address Verification System (AVS)
- Authentication of Cardholder
- Encryption of Transaction Data
- Tokenization of Card Information
3D Secure technology contributes to fraud prevention by authenticating the cardholder during the transaction. This adds an extra layer of security, making it more difficult for unauthorized users to make fraudulent transactions, thus enhancing the overall security of online payments.
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