OREANDA-NEWS. April 27, 2011. Holders of VISA Electron and Maestro cards issued by Raiffeisenbank can now pay for products and services on the internet, thanks to implementation of the 3D-Secure technology, reported the press-centre of Raiffeisenbank.

Password for an online transaction is sent to the telephone number the customer indicated in the card application. The password can also be obtained through the bank’s 24-hour customer support service for card holders.

To pay for the shopping online with Visa Electron or Maestro, the customer needs to enter the password and confirm the transaction. The customer’s identity will be verified and the payment will be securily effected. The service is a free for all card holders. A customer is automatically subscribed to the service as soon as he or she chooses to pay online via a website supporting 3D-Secure.

"Statistically, our customers are increasingly likely to do their shopping, book hotels and tickets online", says Andrey Stepanenko, member of the management board of Raiffeisenbank in charge of retail private individuals directorate. "3D-Secure will allow our customers to use their VISA Electron and Maestro cards while shopping online, just like holders of more prestigious cards, and with minimal fraud risk".