Home News & events Press Releases 2010 Kapital Bank certification

 

Kapital_BankIn partnership with Compass Plus, Kapital Bank, one of the leading banks in Azerbaijan, has successfully completed the certification procedure of the TranzWare PaymentGateway module of TranzWare e-Commerce (including the Merchant Plug-In acquiring application) in compliance with Visa and MasterCard. This project was implemented to ensure Kapital Bank has increased security for payments made on the Internet. Now all transactions are authenticated in compliance with 3-D Secure standards (Verified by Visa and SecureCode), allowing additional customer identification and reducing the risk of fraud for both Internet buyers and sellers.

Kapital Bank’s processing centre is based on the TranzWare software product suite from Compass Plus, which helped to enable the efficient and successful certification process.

Kapital Bank pays substantial attention to the secure development of remote services for its customers. In the near future, the bank plans to complete the certification procedure of the issuing application, TranzWare Access Control Server, from TranzWare e-Commerce in VISA and MasterCard, enabling Internet transactions using 3 D Secure technology for Kapital Bank’s own cards. Customers of the bank will need to register to get an additional password for Internet transactions and will have assured increased security.

Kapital Bank, being universal in nature, provides a wide range of banking services both for corporate clients and individuals and has the widest network of branches throughout Azerbaijan. It is a bank of social importance – the agent-bank of the State in implementing major governmental and social programs. Kapital Bank is viewed as highly trustworthy in the international arena and is a Principle Member of MasterCard Europe and VISA International.
www.kapitalbank.az

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