Dunno if you caught this in another thread Daniel -- but Verified by Visa is already here -- I got a popup window using a Bank of America card today -- encouraging me to sign up and create a password. It was on 1800flowers.com -- and I'm not entirely sure who launched it, the site or B of A. In any case there is the No, Thanks option at the bottom of the window and if you click that it moves seamlessly right back into the transaction.
I should mention that it's a brand new card I was using, that I've had about 3 days so I dunno if that's got anything to do with it.
As I understand VbV, rebills will work the same as they always have -- the surfer has to be notified at the time of purchase that they will be rebilled, and then he is rebilled.
The only point that seems unclear to me is whether the first VbV transaction is the ONLY one the surfer cannot charge back.
And of course in the popup window I got, there was not a damn thing in there mentioning that by going with VbV you would lose the ability to charge back.
In some ways that's a bit of a disclosure issue on Visa's part, tho it certainly bodes well for us.
|