Commercial Bank has introduced 3D Secure; an online security feature, to all its Visa, MasterCard and Diners Club Credit and Debit Cards.
The new feature helps protect Commercial Bank customers from unauthorised online transactions in line with global standards of online security. Online shoppers and traders are required to type a one-time password (OTP) into a 3D Secure portal when making any online transaction. Online domains using the 'Verified by Visa', 'MasterCard Secure Code' or 'Diners Club Protect Buy sign' payment systems require customers to use 3D Secure.
All Commercial Bank Credit and Debit Card customers are automatically registered for 3D Secure. The OTP will be sent to customers’ registered mobile numbers, and Supplementary Cardholders (such as a spouse) are required to link their mobile numbers via Internet Banking. The feature also works overseas following registration of an international mobile number online or at a Commercial Bank branch.
Speaking about 3D Secure, Mr Dean Proctor, Commercial Bank EGM, Retail and Consumer Banking, said: “Online shopping and trading are becoming increasingly popular due to greater choice and convenience. Security is a priority at Commercial and we provide the most up-to-date security features to ensure our customers can shop online with confidence. The introduction of 3D Secure gives our customers the peace of mind to transact quickly and effectively online.”