KFH offers ‘Verified by Visa’ online credit protection in Kuwait
Kuwait – Kuwait Finance House (KFH) is now offering its clients protected online credit and prepaid card transactions, after becoming the first bank in the Middle East to use the ‘Verified by Visa’ service.In a statement on Saturday, KFH said that ‘Verified by Visa’ adds an extra level of security for all transactions where the card is not present at the point of sale.
All online payments made by a KFH credit or prepaid card will now be protected by this simple-to-use service that confirms the cardholder’s identity with an extra password. This additional layer of security helps prevent unauthorized online use.
“This added security gives our Visa card holders a secured online shopping experience at millions of online stores without leaving the comfort of home,”
said KFH’s Assistant General Manager – Banking Sector Mohammad Al-Fouzan.
“Customers can easily register for ‘Verified by Visa’ free of charge at KFH online and ensure that their e-commerce transactions are safer than ever before” he added.
Visa General Manager – Kuwait, Majeed Hujair, added, “At Visa, nothing is more important to us than security, building trust within our network and keeping consumers and their personal information safe.
When it comes to online payments where the card is not present at the point of sale, ‘Verified by Visa’ is a sure sign to card holders and merchants that their payment will be secure. Online shopping is an increasingly popular and convenient way to purchase and we are delighted to see KFH ensuring payment security via ‘Verified by Visa’ to all its Visa card holders.”
On his part, KFH Director of Banking Cards Department Julio Lobo added, “Our cutting edge technology and payment model fits ideally with our e-commerce strategy, enabling the merchant to ensure a faster and more secure transaction processing time and to provide a robust payment solution across several markets for our customers.”
The ‘Verified by Visa’ service helps to ensure payment security for e-commerce transactions from issuing to acquiring bank. KFH continues to introduce the best banking products and smart solutions in partnership with Visa to fulfill merchant and card holder demands and provide payments and services that are increasingly reliable, convenient and secure.
For KFH cardholders to register the ‘Verified by Visa’ service, they can register for the Secure Service at KFH Online free of charge and with just a click of the mouse they can make their e-commerce transactions safer than ever before.
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