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Network International and Mastercard offer authentication solution to UAE merchants

Network International and Mastercard offer authentication solution to UAE merchants

Banking & FinanceNetworkingTop StoriesUAE

Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), and Mastercard, a technology leader in the global payments industry, are launching a 3-D Secure (3DS) 2 authentication solution for e-commerce transactions for UAE merchants and beyond. The innovative solution is powered by Mastercard’s Smart Interface product.

As online shopping continues to accelerate, merchants need to have the ability to mitigate fraud while providing frictionless experiences to consumers. 3DS 2, the next-generation of 3-D Secure technology, is a powerful authentication tool that analyses multiple key data points, including the merchant’s contextual data, acting as an advanced layer of fraud protection.

3DS 2 will be available on network’s proprietary payment gateway N-Genius Online, enabling the company’s e-commerce merchants to reduce risk and protect their customers from payments fraud. In addition, 3DS 2 will offer consumers a more streamlined, frictionless payments journey and improved support for modern devices, thus enhancing the checkout experience and reducing cart abandonment.

“As the region’s leading payment solution provider, we continue to enhance payment ecosystems by adopting best-in-class technologies in the markets we operate in,” said Andrew Key, Group Managing Director – Acquiring at Network International. “Enabling 3DS 2 across our e-commerce merchant network is part of our long-term commitment to creating a safer, seamless purchase experience for merchants and their consumers.”

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