Current context: MasterCard has launched the Identity Check Express, a mobile-first authentication solution for online payment security.
a. PayPal
b. Standard Chartered
c. American Express
d. MasterCard
![MasterCard Identity Check Express MasterCard Identity Check Express](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkF4YpQg4d05-SwxX-kBAOdCeq5lOHqO4DmzHy2Vdi16UZXXp7NO1TCYkMf9QD7OQK6aG7L2oktrJCpE7HVYAaCiduo69mW8PQWj3Ob9VWWPi_UFhYM-Mv8cQWtJARQlQ73WFL7x0IBarf/s320-rw/mc-identity-check-360x250.jpg)
- The authentication process is launched for Indian consumers to eliminate friction and enhance security in online payments.
- The Identity Check Express was first displayed at the Global MasterCard Cybersecurity Summit.
- The initiative has been taken as it was found that about 20% of mobile e-commerce transactions are abandoned mid-way, in an analysis done by MasterCard.
- To provide an uninterrupted mobile payment experience, the MasterCard Identity Check Express includes the latest EMV 3-D Secure and FIDO authentication standards, device intelligence, and behavioural biometrics.
- Onetime merchant-specific consent will be shared under the Identity Check Express, to offer a frictionless payment experience to MasterCard cardholders at leading merchants for an amount less than Rs 2,000.
- The cardholders will be authenticated with a PIN for transactions greater than Rs 2,000.
Question:
Q.1 Which out of the following has launched the “Identity Check Express” for online payment security?a. PayPal
b. Standard Chartered
c. American Express
d. MasterCard