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CNP Transactions

Online, phone, and mail order transactions

While EMV technology has helped reduce crime at the tills, fraudulent transactions have shifted to more vulnerable telephone, internet, and mail order transactions €known in the industry as card-not-present or CNP transactions. as of May 2009 CNP transactions made up more than 50% of all credit card fraud. Because of physical distance, it is not possible for the merchant to  present a keypad to the customer in these cases, so alternatives have  been devised, including:

  • Software solutions for online transactions that involve interaction  with the card-issuing bank or network's web site, such as Verified by  Visa and MasterCard Secure Code (implementations of Visa's 3-D Secure protocol).
  • Additional hardware with keypad and screen that can produce a one-time password, such as the Chip Authentication Program.
  • Keypad and screen integrated into the card to produce a one-time password. Since 2008, VISA has been running pilot projects using the Emue card, where the generated number replaces the code printed on the back of standard cards.
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Southernmost POS Systems & Consulting, LLC
a division of
The Whole Nine Yards, LLC

138 East Sandy Circle - Big Pine Key, FL 3304303132
USA Toll Free: 877.771.8226 - Local: 305.433.5542
Fax: 305.851.8035 or 305.489.0365
Cell: 305.924.2781