Unknown things about 3D Secure security solution

3D Secure is the leading secure online payment security solution today, helping customers minimize risks such as fraud, card information theft …

3D Secure is the most advanced, secure online payment security solution today. The authentication of online payment transactions via OTP messages (One Time Password – one-time password) allows Visa cardholders to actively authenticate transactions by authentication codes sent by SMS banks to SMS numbers. Mobile card holder registered with the bank.

When the cardholder uses the card to make online payment transactions at e-commerce websites, the cardholder’s transaction will be enhanced with an extra layer of security.

Online payment service adds 3D Secure function to help customers minimize risks such as fraud, card information theft … while protecting customers’ rights when disputes arise. desired with the supply unit of goods and services.

Online payment with additional 3D Secure function is applied at e-commerce websites applying 3D Secure authentication, with Verified by Visa logo.

At other websites, although it does not require the card holder to authenticate OTP, with the card with 3D Secure function, the cardholder will have a special advantage when arguing transactions arise.

The 3D Secure authentication method is applied to debit and credit cardholders issued by the service provider. Also expanded with other brands such as JCB card, Mastercard …

 

Deputy Prime Minister Vu Duc Dam: Health and education must implement non-cash payment by 2020

Deputy Prime Minister Vu Duc Dam said that the Government has instructed industries such as tax, insurance, telecommunications and electricity to apply non-cash payments …; in which two fields, education and health, must be implemented before 2020. At the Forum of developing electronic payment ecosystem 2019 with the topic “Moving with chip technology”, Deputy Prime

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Chip cards offer additional opportunities to accelerate cashless payments

Vietnam National Payment Joint Stock Company (Napas) has officially broadcasted information to start converting magnetic cards into chip cards. This is an effort in the direction and administration of the State Bank of Vietnam as well as Napas – the unit assigned to be the focal point in the plan to convert magnetic cards to

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Increased utility to reduce cash transactions

Users can register to open a remote account, one-touch payment on mobile In the context of the outbreak of Covid-19, cash is considered to be one of the means that can infect the community with viruses. In fact, in Vietnam, electronic payment by bank cards (NH) is still not very popular, but intermediaries such as

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Bank headache with the cost of moving a magnetic card to a chip card

The price of billet making chip cards is 20-30 times more expensive than the price of billet making magnetic cards. Although the cost of converting ATM cards made from magnetic cards to chip cards is huge, this is a necessary job for the benefit of cardholders. According to the representative of banks (NH) in Vietnam,

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Pressure to convert magnetic card into chip card

Vietnam National Payment Joint Stock Company (NAPAS) has just speeded up the roadmap to reduce money transfer fees from 47 to 100% for banks. This is a good sign for the market but whether banks will reduce fees for customers or not is unknown. Reducing fees, speeding up the conversion of magnetic cards to chips

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What is 3D security on bank cards – Safety – 2020

Many online shopping fans come across a 3D-Secure security system specifically developed for Visa international payment systems and then for MasterCard users. But what is 3D-Secure? How to connect it? What are its advantages and disadvantages? Is it possible to ignore it? Does he save from the intrigue of intruders? Where can I find 3D-Secure

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