KATHMANDU, NOV 26 - 2012
Nabil Bank on Sunday launched Nabil eSecure, a value addition to its card service which enables users to carry out internet shopping in a secured environment.
According to Nabil Bank, it is the first bank to provide e-commerce facility with three-domain (3-D) secure service. The 3-D secure service provides users a password to protect their online transactions like the PIN used at ATMs.
A bank official said that they have offered the service in association with Visa and MasterCard. “We have used technical guidelines from Visa and MasterCard to provide this service, and it almost eliminates the possibility of fraudulent transactions,” said CEO Anil Gyawali. There are no web portals in Nepal accepting payment through the card, but users can enjoy shopping at Indian vendors, according to Niraj Sharma, head, card division at Nabil. “However, US dollar cardholders can use their cards throughout the world,” said Sharma.
With the introduction of this service, around 200,000 debit cardholders and 20,000 credit cardholders of the bank can enjoy the privileges of internet shopping, the bank said. They can purchase goods and services like railway and airline tickets and book hotel rooms and tour packages, among other things, over the internet.
Source: The Kathmandu Post
Nabil Bank on Sunday launched Nabil eSecure, a value addition to its card service which enables users to carry out internet shopping in a secured environment.
According to Nabil Bank, it is the first bank to provide e-commerce facility with three-domain (3-D) secure service. The 3-D secure service provides users a password to protect their online transactions like the PIN used at ATMs.
A bank official said that they have offered the service in association with Visa and MasterCard. “We have used technical guidelines from Visa and MasterCard to provide this service, and it almost eliminates the possibility of fraudulent transactions,” said CEO Anil Gyawali. There are no web portals in Nepal accepting payment through the card, but users can enjoy shopping at Indian vendors, according to Niraj Sharma, head, card division at Nabil. “However, US dollar cardholders can use their cards throughout the world,” said Sharma.
With the introduction of this service, around 200,000 debit cardholders and 20,000 credit cardholders of the bank can enjoy the privileges of internet shopping, the bank said. They can purchase goods and services like railway and airline tickets and book hotel rooms and tour packages, among other things, over the internet.
Source: The Kathmandu Post
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