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Fidelity implements new solution to protect Verve, MasterCard holders

The Citizen by The Citizen
July 4 2014
in Business, Latest News, Uncategorized
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Fidelity Bank Plc in its drive towards protecting customers’ interest, has implemented a state of the art security solution which effectively protects the bank’s Verve and Debit MasterCard cardholders in all their online transactions on Nigerian websites.
In a statement from the bank that was made available to newsmen, the  Managing Director/ Chief Executive Officer, Nnamdi Okonkwo, said that the solution will help customers accomplish transactions such as;  airtime recharge, tickets, and general shopping, adding that customers would be sent a one-time-password on their registered mobile phones.

He explained that the solution will enable customers use the code to complete their transactions even if someone else had seen their card details.

 

 

According to him; “that person will also need to have their phones to conclude the transactions”.
Okonkwo who spoke through the Divisional Head, Electronic Banking, Adedeji Olowe noted that the initiative is in addition to the security system that the bank already has  put in place, which constantly scans customers’ transactions for unusual activities.

 

“Also our Visa cards have iPIN which provides additional layer of security when doing internet transactions, “he said.

 

According to Olowe, “Fidelity Bank takes customers’ security banking transactions very serious and we believe you should be cashless with ease while we take care of the small details”.

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