We've recently had some prospects use a fraudulent card to pay for the application fee. The time, energy and potential financial loss would be a good reason to look into integrating 3-D Secure for Online Payments. With EMV terminals being deployed rapidly, fraudsters have turn to the Card Not Present channel. Implementing 3-D Secure will allow an additional layer of security.
3-D Secure is branded as Verified by Visa, MasterCard SecureCode, or American Express SafeKey.