Bank Anelik: 3D Secure system upgrades security of e-commerce with Visa and MasterCard

ArmInfo. 3D Secure system has upgraded security of e-commerce for holders of Visa and MasterCard of Anelik Bank, the Bank's press-office told ArmInfo. E-payments at online shops are now more secure thanks to the security systems Verified by Visa ad MasterCard Secure Code.

The Bank explains that 3D Secure system is led by the credit card schemes and is designed to make online shopping transactions safer by authenticating a cardholder's identity at the time of purchase, through the likes of Verified by Visa and MasterCard SecureCode.

"The Bank has done its best to ensure secure financial transactions for its cardholders. A cardholder needs to fulfill minimum requirements: activate SMS-notification service to receive messages with digital for one time purchase authorization code. The transaction of the cardholder will be confirmed after the given code is typed in the corresponding field. To activate the SMS-notification service, Visa and MasterCArd holders need to visit Anelik Bank's head office or any of its branches with their identification certificates and file an application," says Astghik Martirosyan, Public Relations Officers at Anelik Bank. 

According to ArmInfo's Analytical Review "Armenian Banks in Card Business," the number of active cards Anelik Bank as of April 1, 2015 more than 47 thousand, of which more than 20 thousand cards are - Visa, over 19 thousand - ArCa, and the rest 7 thousand - MasterCard.  The amount of transactions in plastic for 2014 was about 32 billion drams (annual growth 60%), of which more than 89% accounted for ATM transaction (with an annual increase in the absolute value by almost 2-fold).  Anelik Bank is the first Armenian bank to work simultaneously on two international cards Visa and MasterCard and actively producing and serving local cards ArCa at the same time.

The sole owner of Anelik Bank is Credit Bank S.A.L.  (Lebanon), which increased its stake in the Bank from 89.95% to 100% in Q4 2013. The bank's Moscow branch Anelik.RU was alienated in Dec 2012 and transferred to Lebanese Credit Bank S.A.L.  Taking into account the most recently opened branch of the Bank in Tigran Medz Street in Yerevan, Anelik serves 8 branches in the capital city and another 6 in the regions of Armenia.