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News

VASCOs Digipass 800 Selected by MasterCard and Barclaycard (UK)

Thursday 27 November 2003 22:21 CET | News

VASCOs Digipass 800 for EMV (Europay-Mastercard-Visa) will be used as strong authentication device for the first European CAP (chip authentication program) in the e-commerce space by Barclaycard and MasterCard. Barclaycard will offer its customers a service to perform secure online e-commerce transactions, while using the same pin and the same card as they use for their online banking transactions and money retrievals from an ATM (payments at POS terminals). An EMV smart card used in conjunction with VASCOs Digipass 800 gives to the end user both convenience and confidence. The system is very easy to use and transforms the Internet into a secure channel for doing business. The bank/card issuer saves costs by the reduced number of Pin codes used by the end user (less code management/back office) and can cut marketing and operational costs.

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Categories: Payments & Commerce
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