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Conference Management

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Implementation of MasterCard ® SecureCode

 

With the implementation of MasterCard ® SecureCode, performed by Cornèr Banca SA, Eveni is able to extend its market reach.Retailers face special challenges in accepting cards for payment, especially for web-based transactions. You cannot obtain and validate a customer's signature, nor can you record the contents of the magnetic stripe on the card.
So how did Eveni remove these impediments for online business and tap into today s robust new business channels?

Implementing MasterCard® SecureCode.
In conjunction with Cornèr Banca SA, the first bank in Switzerland to implement secure transactions with MasterCard SecureCode, Eveni has now a new global e-commerce solution enabling cardholders to authenticate themselves using a unique, personal code.
MasterCard SecureCode addresses current consumer concerns about the security of online shopping, and the high rate of e-commerce problems. And it is designed to take online shopping security and consumer confidence to a new level.

How MasterCard SecureCode Works



Step1: When cardholders are on the checkout page, they must enter their SecureCode in a separate browser window before their online transaction can be authorized

Step2: In seconds, the bank confirms it is the true cardholder performing the transaction

Step3: The additional security introduced with the password prevents misuse of the credit card. Eveni gets explicit evidence of an authorized purchase (authentication data) all with minimal cost impact and time investment.


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