Wednesday, 17 Jul 2024

What Does It Mean to Authenticate Your Payment?

If you’re wondering “What does it mean to authenticate your payment?”, you’ve come to the right place. In this article, we will provide you with a clear explanation of payment authentication and help you understand the options available to you or your business.

Payment Authentication 101

Payment authentication is the process of validating cardholder information to ensure that a purchase is being made by the authorized cardholder. It serves as a crucial security measure, protecting consumers, businesses, and financial institutions from fraud and unauthorized transactions.

There are several common methods of payment authentication:

CVV: Card Verification Value

CVV authentication is commonly used for online purchases or transactions where the cardholder is not physically present. It involves inputting the three or four-digit CVV code to verify that the purchase is being made by the cardholder.

AVS: Address Verification System

AVS is a behind-the-scenes authentication method that compares the billing address provided during checkout with the address on file with the credit card issuer. If the addresses don’t match, the transaction may be denied.

3DS2: 3-D Secure 2

3DS2 allows payment processors to assess the risk of a transaction during the checkout process. Factors such as address, device, transaction amount, and location are considered to determine the legitimacy of the transaction.

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what does it mean to “authenticate” your payment?

Frequently Asked Questions

Here are answers to some frequently asked questions about payment authentication:

What Does It Mean to Authenticate a Mobile Transaction?

The specific form of authentication required for a mobile transaction depends on the financial institutions involved, including the payment processor and the credit card issuer. These organizations may request various forms of verification to ensure the cardholder’s identity.

What Does It Mean When It Says This Transaction Requires Payment Authentication?

When a transaction requires payment authentication, it generally means that the payment processor or card issuer is requesting the cardholder to verify their identity. This verification often involves methods such as CVV, AVS, or 3DS2, as mentioned earlier.


Payment authentication is an essential part of the financial ecosystem, protecting consumers, businesses, and financial institutions from fraud and unauthorized transactions. By understanding the different authentication methods available, you can make secure and confident payment transactions.

If you need assistance navigating your banking options, whether at home or abroad, Eireview can help. Visit Eireview to access our international banking intelligence platform, GlobalBanks IQ, or explore GlobalBanks Insider for personalized account opening services with direct banker introductions. Contact us directly if you have any questions.