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Security is a key concern for all parties
when transacting online business.
FusionJewels.Com uses CCAvenue as its payment gateway and we
assure you that you will not have any worries on this front as
you shop online in cyberspace.
Listed here are our key security measures -
Handling your sensitive data·
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CCAvenue adopts stringent security measures
to ensure that critically sensitive information, such as your
personal information and credit card details are protected.·
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Your entire credit card Authorization is
done using ICICI E-PAYMENTS LTD.(PAYSEAL) High End Secure
Payment Gateway.
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You enter all your personal information and
credit card details on CCAvenue's secure server and the same
is encrypted before it is transmitted over the Internet to the
PAYSEAL payment gateway.
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Secure technologies for CCAvenue's
server·
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CCAvenue's server is behind security
firewalls to ensure maximum protection of your details. This
guarantees that your information is inaccessible to any third
party.
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CCAvenue uses industry-standard SSL
(Standard Sockets Layer) Technology, which is used
worldwide, for this data encryption.
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CCAvenue also follows strict in-house
security guidelines for ensuring confidentiality of your
information.
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Since the Payment Gateway application
software is maintained at PAYSEAL'S secure high end server,
new payment technologies, standards and features are
automatically implemented as they emerge. PAYSEAL'S payment
gateway is integrated with risk management component, which
empowers them with the ability to control risk effectively.
These robust risk management tools and fraud filters include:
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Risk Management Rules and Parameters.
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Negative Files
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Risk Management Queries, thereby making
your E-commerce transactions safe and
confidential.Internationally Certified Security standards
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CCAvenue is registered with Verisign, the
world's best and most trust worthy Net Authentication Agency.
Click here to verify our certificate.
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 The Card Verification Method, or CVM , consists
of a 3 or 4-digit numeric code that is printed at the back of
the credit card along with (after) the credit card number, where
the card holder signs in his signature on the card. This additional
3 or 4 digit numeric code is not embossed on the card nor available
in the magnetic stripe.
This additional 3 or 4 digit is code is featured / incorporated
on all Master Cards and Visa cards issued worldwide, including cards
'Valid only in India and Nepal'. Visa calls this security feature as
CVV2 and Master Card calls it as CVC2.
Why CVM?
The purpose of CVM is to ensure that the person submitting the transaction
is in possession of the actual card, since the code cannot be copied
from charge slips / receipts or skimmed from the magnetic band. CCAvenue
requests your customer to provide this numeric code for your order and
submits it with the authorization through the Citibank gateway. The
card processor (i.e. Visa or Master Card) will then validate the code
supplied with the number on record for the specific card, and return
a match/no-match response.
According to a Gartner Group survey, 98% of the
credit card numbers that the hackers / fraudsters are able to collect,
are through charge slips thrown away by retailers / restaurants / Shopping
Malls etc., which contains the Card Holder's Name, the 15 or 16 digit
credit card number and the expiry date. This extra 3 or 4 digit numeric
code is not printed anywhere in the charge slip. Therefore the hackers
/ fraudsters cannot use these credit card numbers on CVM-validated transactions.
World Wide statistics have shown that fraud rates on transactions with
verified CVM codes have been significantly lower than those for transactions
without CVM (fraud rates on CVM-validated transaction are reportedly
90% lower than those for non-CVM transactions). The Card Verification
Method process is an expensive proposition for the payment gateways
and is therefore not incorporated by any Payment gateway in India with
the sole exception of Citibank.
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