07 July 2009
In addition to our other ways of preventing, detecting, and resolving fraud, we offer Verified by Visa and MasterCard® Secure Code™, a free, simple-to-use service that confirms your identity with an extra password when you make an online transaction.
To get the extra protection you must activate your card before you make a deposit in HooPay. It's easy and only takes a few moments to activate your card. You can do it on the secure Visa site https://usa.visa.com/personal/security/vbv/index.html if you own a VISA card or asking to your bank if you own a MasterCard®. Either way, your information is protected.
You can learn more about these features in the following links:
For MasterCard® members: http://www.mastercard.com/securecode/
For VISA members: https://usa.visa.com/personal/security/vbv/index.html
Remember the following considerations about HooPay:
HooPay's e-commerce fraud detection system is the first of its kind to use current worldwide fraud trends and global payment-card usage patterns to provide a comprehensive assessment of transaction risk. At its heart is a data network that stores thousands of examples of valid purchase transactions and constantly updates cardholder data so future purchases can be evaluated against the most current profile. Each time an authorization request is processed, it's evaluated against the individual's transaction history. HooPay also works closely with technology companies and our merchant partners to ensure that they operate as allies in the effort to keep your information out of harm's way.
We're alerted whenever our systems detect a change in your typical spending patterns and behaviors. If we see questionable activity, such as entry of mismatched shipping and billing addresses, unusually large purchases, and changes in Social Security number or other personal data, we'll work with your financial institution to suspend activity on your card to keep your account secure and prevent further damage.
We will work with your financial institution to alert you about suspicious activity as soon as possible to protect your account's safety and integrity and prevent loss and identity theft. If you ever notice a suspicious charge on your monthly statement, report it to your financial institution right away.
