When you see “internet payment Discover” on your credit card statement, that indicates a company using Discover’s fraud protection services to stop fraudulent payments being processed. These services use 3-D Secure customer authentication technology to verify information directly against cardholder data while fraud alerts give early warning of potentially suspicious transactions without disrupting customer experience.
Internet payment refers to any method of money transfer made over the internet using services like PayPal or credit cards; typically done to avoid cash payments at banks. Sometimes this practice is known as cyberpayment or internet payment.