2-Step Verification for Online Credit Card Payments in Pakistani Banks

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Pakistani banks have introduced the two step verification system for making the online payments through their credit cards. The sources also told that the banks have started the process of deploying the systems to enable the credit card users to make the online payments after entering one time passwords, which is sent through SMS or Email in real time to make the online transaction.

It means that the information like Credit Card number, name of user, expiry date and CCV code is provided with the card but the customers will have to enter the one time password to carry out the successful online transactions.

The details show that the facility of credit card is made available for Visa and MasterCard credit cards. These credit cards have the features of ‘Verified by Visa’ and MasterCard Secure Code’ and they are utilized by the Pakistani banks.

The users will know how this two step verification will work:

  • Shop online and go to checkout and enter credit card information
  • Upon pressing enter, a new window will appear asking you to select a medium for sending you one-time password
  • User will select from SMS or Email to receive the password
  • User will be sent the password via selected medium
  • Entering this password will process the transaction

It is noted that the two step verification will be provided to the users for their ‘3D Secure’ enabled websites. They can call the bank in order to find that they ask for the 2 step verification for online credit card payment or not. This will call for a need for local ecommerce websites to enable the ‘3D Secure’ on the websites. There are some FAQs about the two step verification for online payments:

  • This service is free of charge for customers
  • There’s no activation required on customers’ part
  • Service will be activated by default
  • Service will work only on “3D Secure” enabled websites
  • This feature will be available on supplementary cards as well
  • Expiry duration of “One Time Password” will be ten minutes.




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