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Bank Sohar launches 3D-Secure feature for excel debit cardholders

Roundup Sunday 15/October/2017 18:14 PM
By: Times News Service
Bank Sohar launches 3D-Secure feature for excel debit cardholders

Muscat: In its constant quest to provide customers with increased value-based products and services, Bank Sohar has introduced a new 3D-Secure feature for its excel debit cardholders powered by Visa starting today.
This service allows customers to use their excel debit cards for online transactions, which are verified by Visa, in much the same way as they currently do while making purchases on their excel credit cards from Bank Sohar.
The newly added feature offers customers a complete 3D security system in an era when digitisation is changing the face of e-commerce with a constant upgrade in information technology making it a popular avenue for online business transactions.
Rajeev Arora - DGM & head Retail Banking at Bank Sohar said: “Our new 3D-Security feature for excel debit card holders plays a significant role as it enhances security which is a critical aspect of any online business transaction. It also ensures extended benefits such as flexibility, greater choice and ease of use when customers use their excel debit cards online. The addition of this feature, we also reiterate our commitment to creating valuable contributions for our customers. This along with our impressive excel card line-up ensures that we always meet the evolving banking needs of our customers to give them a complete banking experience.”
There are a few simple steps to activate the new feature for first-time transactions where customers need to sign up and create a log-in and password for all future transactions. Subsequent online purchases will then request this username and password, thus adding a new wall of security when the debit card is used to make online purchases. The excel debit card from Bank Sohar is also equipped with chip-and-pin technology for added security and is designed for the bank’s customers who look for a unique card that provides them with premium features, such as a diverse selection of travel, dining, shopping, and lifestyle benefits.
As a direct benefit, cardholders can enjoy the benefit of daily cash withdrawal limit of up to OMR1,000 and a daily purchase limit of up to OMR10,000, providing them with greater flexibility and choice. Additionally, a Visa Platinum Excel Debit Cardholder benefits from services such as ‘emergency assistance’; which includes a lost and stolen card reporting service, emergency card replacement, emergency cash disbursement, and platinum protection features such as medical and legal referral, purchase protection, and extended warranty.