Dave,

>The new Chip and Pin schemes address security in the real world while 3-D
>Secure goes some of the way to address security in the on-line world. I have
>yet to see a cost effective solution for both environments.

This is the interesting part.  In what way is 3D secure more expensive
to handle than EMV (assuming that on-line controls are performed)?

An assumption: Broadband Internet access will be ubiquitous,
cheap and reasonable reliable within 2-3 years from now.

Regards
Anders R

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