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‘Visa Secure' Technology—By Visa and Federal Bank

Published on July 14, 2020
Current Context: The payment technology global holder Visa has come up with partnership with Federal Bank to launch a modernized technology to the bank account holders to carry out safe banking transactions.
‘Visa Secure' Technology—By Visa and Federal Bank
  • The technology is named as ‘Visa Secure’.
  • With the help of Visa Secure, the user will get an additional authentication cover so that he/she can carry out fraud less and safe online transactions.
  • This technology will enhance online payment security and will give a focus of the bank on customer-centric digital solutions.
  • The Visa Secure technology provides multiple payment channels like mobile, web, app based etc. thus by giving better experience for online shopping in quick, simple and secure manner.
  • The Visa Secure follows standards of the EMV 3DS (3D Secure) protocol and is built on the EMVCo 3DS 2.0 protocol.
  • Static part: 
    • HQ of Federal Bank: Aluva, Kerala

Question: 

Q.1 In partnership with whom, Visa has launched ‘Visa Secure’ technology?
a. South Indian Bank
b. RBL Bank
c. Federal Bank
d. Indian Bank
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