The wool has been pulled over your eyes. Verified by Visa means SE pay a lower charge-back fee to banks due to fraud (or the fee is waived completely).
Given the amount of people who had to stop playing because of Verified by Visa, with little to no means of official resolution - this service is definitely not for the benefit user.
I have to give my CC info to a friend in another country to have them update my account via PS2 (which incidentally doesn't require 3D Secure) - Yeah. That's real secure, isn't it SE?
