From now on Converse Bank will provide international e-commerce service with Visa International and MasterCard by 3D Secure system.
This service is designed for e-shops and other organizations that want to render online payment services in their website. The system ensures perfect security of online payments with 3D Secure standards (verified by Visa, MasterCard Secure Code). The new payment system enables e-shops to take advantage of new facilities and privileges:
- Ensure secure identification of a cardholder during transaction process (very low level of filing complaints, reduction of operational costs),
- Possibility of accepting payments with international VISA and MasterCard cards (as a result the number of potential buyers increases),
- Reduction of fraud level,
- Provision of convenient conditions for e-shop customers.
The organization must first of all have a website and be a registered legal entity in the Republic of Armenia. The organization must as well meet with minimum criteria established by payment systems for e-shops.