3D Secure protection for more peace of mind
As the trend of online shopping increases, paying on e-commerce sites carries the risk of losing personal information. For extra fraud protection, credit cardholders need to be vigilant and know how to take advantage of 3D-Secure when making credit card transactions.
What is 3D-Secure authentication?
3D Secure is a security protocol used by banks worldwide to authenticate online transactions. Customer can recognize 3D Secure merchants by Mastercard ID check on the online merchant website.
Therefore, THE FIRST international credit card issued by Shinhan Finance in cooperation with Mastercard has integrated advanced security feature 3D-Secure completely free of charge.
3D Secure requires customers to complete an additional verification step with the card issuer when paying. Typically, cardholders need to add an additional verification step by entering a one-time password (OTP) or email registered with the card issuer.
3 security steps when transacting online
3D Secure adds an extra layer of protection to online shopping. With 3D Secure enabled, you have 3-step authentication on every online purchase:
- Step 1: At the online payment page to pay for other goods and services by Shinhan Finance credit card, customers need to enter card information such as: Card number, cardholder name, expiration date, CVC number (last 3 digits of the back of the card).
- Step 2: Cardholder chooses the method of receiving OTP authentication password: Via SMS or Email then select “CONTINUE”.
- Step 3: The cardholder enters the OTP code in the OTP box sent to the selected method (SMS/Email) and clicks “OK”.
In addition to security and safety features, THE FIRST credit card also has outstanding features such as: Cash withdrawal up to 100% of card limit, registration via iShinhan in just 5 minutes, accumulation of unlimited reward points with 0.5% of the transaction amount, 0% installment interest rate, and discounts up to 50% at Shinhan Zone stores...
For more information, please click here.
