National Bank of Kuwait (NBK) has launched a new credit and prepaid card security service in collaboration with MasterCard and Visa.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The new service, known as NBK Secure Online Shopping Service, will make use of 3D Secure technology to offer customers the highest level of credit and prepaid card protection against unauthorised usage during online shopping.

The 3D secure service offers an additional authentication level by confirming customer identity with a dedicated 3D passcode.

Customers of the bank can register for this service online on the bank’s website before using their cards at participating 3D secure merchants that include the Verified by Visa or MasterCard Secure Code sign.

Customers will also have to create a passcode, which will serve as their unique online identifier.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

NBK deputy general manager, consumer banking group Mohammed Al Othman said: "At NBK, we want to make sure that our customers’ internet purchases are as secure as possible.

"NBK Secure Shopping adds another authentication step for online payments. It is a free, quick, simple and secure payment process that works by using a passcode."