Thursday, November 2, 2017

Global IME Bank launches 3D secure services to make online transactions more secure

Global IME Bank from today launched 3D secure services for its credit cardholders to perform online transactions and now part of initial few banks that offer such services in Nepal.
"The service allows Global IME Bank credit card holders to use their cards during online transactions and allow them to participate in verified by visa process," the bank said, adding that the new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions. "The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage."
Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication, said the Global IME Bank that has in association with visa partnered with Izealiant Technologies for implementing the solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference.
As a direct benefit, Global IME Bank cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide, it claimed. "It will also increase acceptance across more merchants participating in 3D secure services for using Global IME cards."
The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it added.
Acting chief executive of the Global IME Bank Janak Sharma Poudyal said that the bank's new 3D Secure Services for card holders plays a significant role as it enhances security which is a critical aspect of any online business transaction. "This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience," he added. 

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