Ahlibank has deployed 3D Secure service for Visa cards in an effort to boost security for credit cards.
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The service offers an additional layer of security to better protect cardholders’ information during online transactions, allowing cardholders to identify themselves when paying online.
The service allows a transaction to be made only after entering username and password, thereby helping mitigate instances of fraud.
Ahlibank CEO Lloyd Maddock said: "Convenience and security go hand in hand. Online security, hence, remains a top priority and we strive to constantly align with the latest technological advancements with international best practices.
"The new layer of security for our credit cards will enable our customers to experience a safer and a more secure online shopping experience than ever before, giving them more control over their transactions."
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By GlobalData
