Standard Bank to provide 3D Secure for online payments with JCB Cards in Russia

Monday 19 March 2018 11:20 CET | News

Russian Standard Bank and JCB International have announced that the Russia-based bank is to provide 3D Secure technology for online transactions with JCB Cards in Russia.

3D Secure technology is a procedure for additional authentication of cardholders for online payments processes. Each payment system has a 3D Secure brand, J/Secure being the 3D Secure version for JCB Cards, launched in 2004.

Currently, both international and domestic ecommerce markets are increasing internet access and smartphone penetration and contributing to a growth of card payments in ecommerce.

In October 2017, EMVCo, a company that facilitates worldwide interoperability and acceptance of secure payment transactions, released updates on 3D Secure Specification.

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: Standard Bank, 3D Secure, online payment, JCB Card, Russia
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce