News

AsiaPay, Krungthai Card Public Company launch 3D- Secure authentication system solution with dynamic one-time password (OTP)

Wednesday 13 November 2013 09:38 CET | News

Credit card issuer and acquirer Krungthai Card Public Company has launched its 3D- Secure authentication system solution with dynamic one-time password (OTP) authentication to KTCs cardholders.

In addition, AsiaPay offers its customized OTP solution for other KTC banking applications.

This multi-lingual ACS OTP 3D-Secure authentication solution, compliant to the international 3D-secure standard protocol, provides KTC with the capability to authenticate its cardholders identities during online purchase or use related banking services. Upon checkout after shopping online, cardholders of the bank will receive a dynamic One-Time-Password (OTP) valid for one time transaction, protecting their cards against any online fraudulent use.

Xecure3D ACS system solution is certified with Verified by Visa, MasterCard SecureCode, JCB J/Secure as well as SafeKey of American Express. It supports both static and dynamic OTP password options. The 3D-seure registration can be taken place at bank website or registration during shopping.

Krungthai Card Public Company (KTC) is a finance provider in Thailand. It was incorporated in 1996 as a servicing subsidiary company of Krung Thai Bank (KTB), a commercial bank in Thailand in terms of assets and owns a large distribution network.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: AsiaPay, Krungthai Card Public Company, 3D- Secure, dynamic one-time password (OTP)
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime