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The main problem with Verified By Visa (and whatever MasterCard calls it) is that in using it, you agree to be liable for it as if it were a card-present transa
by vitd 13y ago
The main problem with Verified By Visa (and whatever MasterCard calls it) is that in using it, you agree to be liable for it as if it were a card-present transaction, which is ludicrous for online purchases. Whenever I'm stopped to sign my card up for "Verified By Visa," I immediately switch to a different card because of the reduced protection I would have to agree to with "Verified" transactions. It's simply a way to shift responsibility onto the purchaser with no additional protection.
- jamesbritt 13y agoI used to run into the VBV screen when ordering from NewwEgg. It's been a while so I don't know if things are the same. I refused to consent to the terms for the reasons you gave. Instead, I just closed the browser. The funny part is that my purchase would still go through.