No menu items!

Online Shopping Should Reach US$171 Billion by 2023 in Brazil, Visa Says

RIO DE JANEIRO, BRAZIL - With e-commerce gaining more and more relevance, payment companies will need to adjust to enhance security protocols.

According to Maria Isabel Noronha, Visa's director, some solutions are already in place, such as the "tokenization" system, where the card number used in an online transaction is replaced by a random numbering, the 3D-S 2.0 anti-fraud system, which is an authentication platform where parties (bank, credential and flag) check the transaction in seconds in order to confirm if it is genuine and confirm it.

Oscar Pettezzoni, Visa's CEO, stressed the importance of . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content