One of the most prominent banks of the country, NCC Bank Limited, had signed an agreement with Software Shop Limited (operating under the brand name “SSL Wireless”) to implement 3D Secure Solution for its customers and has activated the service for their customers today. Due to the activation of this service the cardholders of NCC Bank will be prompted with a numeric password while performing Card-Not-Present or e-commerce transactions.
Golam Hafiz Ahmed, Managing Director & CEO, Mosleh Uddin Ahmed, Additional Managing Director, Abu Zafore Md. Saleh, Deputy Managing Director & Md. Fazlur Rahman, Deputy Managing Director of NCC Bank Limited along with Sayeeful Islam, Managing Director and Ashish Chakraborty, General Manager of SSL Wireless, were present during the activation ceremony on behalf of their respective organizations at the Head Office of NCC Bank today.
3DSecure allows a cardholder to authenticate himself while making an online payment. The cardholder has the peace of mind that his card is not used without his authorization. Merchants are protected from fraud and can provide the product and service without delay or extra costs. Banks see that the transaction has been authenticated and are more likely to approve the transaction, to the convenience of the cardholder.