Online transactions now require an additional layer of security
The Reserve Bank of India (RBI) has mandated that from 1st Aug 2009 all online credit card transactions require an extra level of verification. Your credit card issuing banks are therefore, implementing a “Verified by VISA” or “MasterCard SecureCode” password.
You will need this password to continue transacting online from 1st Aug 2009.
What is the "Verified by VISA"/"MasterCard SecureCode" password?
This is the password that your credit card issuing Bank provides. For example – ICICI Bank, HDFC Bank, Citibank, HSBC Bank, Axis Bank, SBI etc. This password is the additional layer of security for all your online transactions.
Register for your ”Verified by VISA” or ”MasterCard SecureCode” password with your credit card issuing bank before 1st Aug 2009
How it works
Benefits of “Verified by VISA”/”MasterCard SecureCode” password
Even if you lose / misplace your credit card it cannot be misused online as the password is not present on the card.
American Express SecureKey:
American Express SafeKey helps prevent unauthorised online use of your American Express® Card by confirming your identity with a dynamic One-Time Password (OTP) for each transaction. All you need to do is make sure that your current mobile number is updated on your American Express Card. Every time you make an online transaction, you’ll be sent a unique OTP on your mobile phone and transaction will be authorised only after you enter the correct OTP. This way, your card is secured from any unauthorised use. American Express also offers an option called eZeClick which enables Merchants to provide American Express Card members simple checkout experience for them to complete their online purchase.
Here are some benefits of eZeClick:
Better customer experience, once registered the customer need not enter Card and other verification details while making online purchases.
eZeClick works on secure SafeKey platform. All eZeClick transactions will be verified by American Express Safekey, thereby reducing instances of fraud. ( Safekey to be hyperlinked to Safekey webpage)
Simplified and faster checkout reduces chances of card abandonment , lost transactions thus more business.
No ADDITONAL Cost, Easy to integrate
Keep your password safe. Do not share your password with anyone
Click your bank name to register for Verified by Visa / Master Secure Code