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.
- 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
a. South Indian Bank
b. RBL Bank
c. Federal Bank
d. Indian Bank
