SDM-Bank implements SD-Secure service
Starting August 4th, 2015 SDM-Bank implements the new SD-Secure service to improve card holders services.
SDM-Bank strives to continuously improve the services provided to its customers. Most of card holders tend to more often use bank card details when shopping online. There is an evident risk to that. 3D-Secure service is a modern and efficient instrument to effectively prevent fraud and enforce online payment security when using Visa and MasterCard cards.
The new service represents a secured customer authorization protocol for card-free operations. The protocol imbeds an additional customer authorization step for online purchases: the card holder only has to verify each operation by entering a special verification code which comes in the message to their cellphone. Therefore it eliminates the risk of card details misuse by third parties and increases online operations security.
3D-Secure service is provided free-of-charge. It only requires activation of SMS information service (in case it has not yet been activated).
The service is very easy to use. SDM-Bank card holders will receive a message with the transaction information and a one-time password to verify the transaction. Entering this password is the additional step that guarantees the security of operation.
Please note that not all of the online retailers operate with 3D-Secure. To make sure the service is available please check the payment system logo on the browsed web-site (MasterCard SecureCode и Verified by Visa).