To clarify the differences between NON-VBV BINs and AUTO-VBV BINs, it's important to first understand the context of VBV (Verified by Visa) and its role in online transactions.
What is VBV (Verified by Visa)?
VBV is an additional layer of security implemented by Visa to protect online transactions. It requires cardholders to verify their identity through a password, security question, or one-time code during purchases. This ensures that only the authorized user can complete the transaction.
NON-VBV BINs
Definition: NON-VBV BINs refer to Bank Identification Numbers (BINs) associated with cards that do not require the VBV authentication protocol. These cards bypass the additional security checks during online transactions.
Characteristics:
Streamlined payment processes without requiring extra authentication steps.
Often used in markets or scenarios where convenience is prioritized over security.
May pose higher risks of fraud since they lack the VBV protection layer.
AUTO-VBV BINs
Definition: AUTO-VBV BINs are associated with cards that automatically pass the VBV authentication process without requiring user input. This means the transaction is processed as if the VBV check has been completed successfully, but without manual intervention.
Characteristics:
Provides the benefits of VBV security while maintaining a seamless user experience.
Typically used in scenarios where both security and convenience are important.
May involve specific configurations by the issuing bank to enable automatic authentication.
Key Differences
Aspect
NON-VBV BINs
AUTO-VBV BINs
Authentication
No VBV authentication required.
VBV authentication is automated (no user input).
Security Level
Lower security due to lack of VBV protection.
Higher security as VBV is technically applied.
Convenience
High convenience but at the cost of security.
Balances convenience with security.
Use Cases
Markets prioritizing speed and ease of transactions.
Scenarios requiring both security and ease of use.
Conclusion
The choice between NON-VBV BINs and AUTO-VBV BINs depends on the specific needs of the user or organization. NON-VBV BINs prioritize convenience but come with higher risks, while AUTO-VBV BINs offer a balance of security and ease of use.
