November 25, 2004 — (WEB HOST INDUSTRY REVIEW) — E-commerce outsourcing provider Digital River, Inc. (digitalriver.com) announced on Wednesday that it has introduced MasterCard SecureCode, a new security tool from MasterCard International. An estimated 13,000 Digital River hosted e-commerce sites are currently using MasterCard’s authentication technology to help verify cardholder identity and prevent the unauthorized use of credit and debit cards online.
Combined with Digital River’s existing, multi-level fraud prevention program, MasterCard SecureCode adds a layer of protection that can minimize payment card losses for Digital River’s online merchants. SecureCode also helps consumers feel more at ease in the security of their accounts and e-commerce purchases.
“By offering our clients additional security tools, we can help them maximize investments in their e-commerce operations, while providing their consumers added fraud protection,” says Marty Boos, CIO at Digital River. “We believe our working together with MasterCard is indicative of a movement in the Internet community to find more ways for businesses to collaborate to drive confidence in the security of e-commerce transactions.”
