To confirm that you are the authorized owner of the credit card,
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We will charge a random amount between $1 and $2 to your card. This charge will appear on your credit card statement within a few days.
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After the charge appears on your statement, you must log in to our website and enter the exact amount of the charge that appeared on your statement.
For example, if we charged your credit card $1.76, you must enter "1.76" on our website to complete the verification process.
- Once you enter the correct amount, we will confirm that you are the authorized owner of the card, and we will credit the amount back to your account as a balance. This balance can be used towards future purchases on our website.
- Please note that the random charge is temporary, and we will refund it back to your credit card account if you do not complete the verification process within a specific timeframe. This charge is only to confirm that your credit card is valid, and we will not charge you any additional fees or charges for this verification process.
If you have any questions or concerns about the verification process, please don't hesitate to contact our customer support team, and we will be happy to assist you.
Why am I required to verify my credit card?
Verifying that you are the authorized owner of the card is an essential security measure for any e-commerce business that accepts credit card payments. This process is commonly known as card verification or card authentication.
The reason for this verification process is to protect both the merchant and the client from fraud. Without proper verification, an unauthorized person could use a stolen or cloned credit card to make purchases. In such cases, the merchant could face chargebacks, fines, or legal penalties, while the client could suffer financial loss and damage to their credit score.
Overall, the card verification process helps protect both the merchant and the client from fraudulent transactions and ensures the security and legitimacy of the transaction.