Yes - mshShoppingCart is capable of full Visa 3D secure and MasterCard SecureCode transactions!
In order to work in this mode you will require a Merchant Account with one of the following gateways: ANZ (eGate), Commonwealth Bank (Commweb), HSBC, Bendigo Bank or the Bank of SA.
Visa 3D Secure and MasterCard SecureCode can help protect merchants from fraudulent transactions - If your in a high risk category we reccommend using these systems.