Do you allow your customers to purchase products or services online? If so, your business is vulnerable to fraudulent transactions, chargebacks, refunds, and more. Credit card fraud is becoming extremely common—in fact, 2022’s global losses from fraudulent card transactions are a staggering $34.4 billion. As fraud techniques become increasingly sophisticated, this number is expected to increase to approximately $50 billion by 2030. Want to guarantee that all of your card-not-present transactions are legitimate? Our 3D Secure (3DS) Credit Card Authentication model may be for you! Keep reading to learn more about 3DS verification, how it works, and why it may be right for your business. Key Points 3D Secure (3DS) credit card authentication is a security protocol that prevents fraud in card-not-present transactions. 3DS authentication…