PASHA Bank for the first time in Azerbaijan introduces technology "3D Secure" on the basis of " dynamic passwords"

To ensure the safety of operations with payment cards held by customers via the Internet, PASHA Bank starts to use technology "3D Secure". This technology ("SecureCode" in the payment system "MasterCard" and "VerifiedByVisa" in the payment system "Visa") provides a high level of protection at the time of online shopping, as well as additional protection during online transactions with payment cards.

Since October 2013, in undertaking any transactions through the Internet using a payment card connected to the service , the mobile phone number registered with the Bank , will be sent an SMS-message with a one-time password , and the operation will be performed only after entering the password. For the first time in Azerbaijan, this technology uses PASHA Bank. In fact, for each operation, the client will receive a new password, and it reduces the risk of carrying out fraudulent transactions with the card to a minimum.

The service is free and is for all card products PASHA Bank.

PASHABank is the leading corporate bank in Azerbaijan. Founded in 2007, the Bank provides a wide range of corporate banking services, including credit, market operations of securities , asset management and treasury services . In PASHABank, presented by the head office and four subsidiaries, operate 221 people. As part of "Europe Banking Awards 2011" and "Europe Banking Awards 2012" was declared the "Best Investment Bank of Azerbaijan."

PASHABank is part of a group of companies PASHA - a major investment holding company in Azerbaijan is also widely represented in sectors such as insurance, construction, construction materials, tourism and other areas of business. Capital Bank, one of the largest banks in the retail market of Azerbaijan, also belongs to the group of companies PASHA. -15D -