The National Bank of Oman (NBO), in partnership with MasterCard and Visa,?has introduced 3D security for online shopping to enhance customer experience.
The bank will provide authentication via a One-Time-Password (OTP) to customers shopping online with a 3D secure merchant, reported the Muscat Daily.
The new security solution will cater to the growing e-commerce market in the region and will not require any upfront registration for card users while making online purchases, eliminating the hassle of remembering a username and password.
NBO head of alternative channels Abdul Karim al Hinai said: "3D security provides our debit card customers a safer and more secure shopping experience as they will receive an OTP via SMS or via SMS and e-mail as protection against fraudulent online use."
"In addition, the new system does away with static usernames and passwords that have a lower security threshold."