New online payment safeguards - BBC

[beningreenjam (Ben Green)]

Yeah I suppose it is essentially a form of 2FA and how you’ve described has been discussed for use as Monzo’s own implementation of 3DSecure.

Online Payment Security. (Mondo vCode)

An in-app approve or deny payment feature is one of the things I’m most looking forward to building. I hope we can implement 3D secure in that way but I’m not sure. In theory we could even settle payments between a merchant with a Mondo account and a Mondo user outside of the card networks which should reduce the price of … well, everything … by about 1% and combat fraud more effectively. The user would enter their email address / mondo user ID / some identifier on the merchant page, then the m…