A critical analysis of buyer authenticated credit card payment programs: the online merchant's perspective
Paper
Paper/Presentation Title | A critical analysis of buyer authenticated credit card payment programs: the online merchant's perspective |
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Presentation Type | Paper |
Authors | Ally, Mustafa (Author) and Toleman, Mark (Author) |
Journal or Proceedings Title | Proceedings of the e-Biz World Conference 2004 |
Year | 2004 |
Conference/Event | e-Biz World Conference 2004 |
Event Details | e-Biz World Conference 2004 Event Date 25 Feb 2004 Event Location Seoul, Korea |
Abstract | [Abstract]: Recently introduced by the major credit card associations as replacements for the decommissioned SET and 3DSET protocols, the new payment models, 3DSecure and UCAF/SPA, have been designed to provide online merchants with a solution to an existing problem in online credit card transactions - the lack of an effective and efficient means of authenticating cardholders. The expected benefits arising from this added level of security from the merchant's perspective are increased consumer confidence, significant reduction in the levels of fraud and chargebacks and 'liability shift'. Using data gleaned from preliminary interviews, discussion forums and promotional material, we present a critical analysis of the potential barriers and facilitators that will impact on the widespread traction of these programs in the marketplace in the coming years. |
Keywords | payment systems, credit card fraud, buyer authentication models |
ANZSRC Field of Research 2020 | 460401. Cryptography |
359999. Other commerce, management, tourism and services not elsewhere classified | |
Public Notes | No evidence of copyright restrictions. |
Byline Affiliations | School of Information Systems |
https://research.usq.edu.au/item/9z010/a-critical-analysis-of-buyer-authenticated-credit-card-payment-programs-the-online-merchant-s-perspective
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