Tuesday , January 16 2018
Home / News / Pakistani Banks To Introduce Two-Step Verification Process

Pakistani Banks To Introduce Two-Step Verification Process

A stock photo of a one time security code on a smartphone
A stock photo of a one time security code on a smartphone

Pakistani banks are now introducing a two step verification process for online payments made via credit cards.

With reference to numerous sources, banks are officially in process of launching systems that will enable credit card users to make online transfers only after entering a one-time password — to be sent via SMS or email in real time — for making online transactions.

This essentially means that along side CC number, name, expiry date and CCV code, customers will also have to enter one time password for carrying out successful online transactions.

This facility will be made available for both Visa and MasterCard credit cards. For the purpose, “Verified by Visa” and “MasterCard Secure Code” features are under use by Pakistani banks.

Here are a few simple steps as to how this two-step verification process will work:


  • When you complete your online shopping, proceed to checkout and fill in your credit card information
  • As you press enter, a new window will appear asking you to select a medium for sending you a one-time password
  • You will have the choice to receive the password via SMS or email
  • User will be sent the password via selected medium
  • Entering this password will process the transaction


It must also be mentioned that this two-step verification will be available for “3D Secure” enabled websites only.

You can check with your bank to see whether they are offering the two-step  Verification process for online credit card payments.

This newest action will also require local ecommerce websites to enable “3D Secure” on their websites.

Some of FAQs about two-step verification for online payments:


  • This service is free of charge for customers
  • There is no activation required on the customers’ part
  • The service will be initiated automatically
  • The service will work only on “3D Secure” enabled websites
  • In addition, this feature will be available on supplementary cards
  • The one-time password received will expire in ten minutes



image source

  • One time security code arrives on a smartphone: hubspot

About Muzammil Baig

Muzammil Baig
Muzammil Baig Web trailblazer. Introvert. Business Nerd. Food aficionado. Zombie evangelist. Avid coffee enthusiast.a writer by day and reader at night.