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New authentication methods for online shopping, through the BT Pay application

30 July 2020 Reading time 3:00 minutes


• BT Pay users will be able to make purchases through biometric authentication or using the phone unlocking method.
• The BT Pay application can be installed from now on, including on phones with Android operating system that do not have built-in NFC technology.

Banca Transilvania replaces the authentication method of the online payments of the customers who use the BT Pay application, so that instead of the authentication by code received by SMS, valid until now, users will be able to make purchases through biometric authentication (fingerprint, facial recognition) or using the phone unlocking method.


The facility is gradually implemented by the bank, and the activation of the possibility to confirm online payments is done automatically, at the next update of the application.

 

"The launch of the new way of confirming online payments with BT Pay is a continuation of the developments we have made so far in the application, which thus becomes a complete payment experience. I would mention the most important of these, all the more so as it was launched in April, to support remote banking: the digital card, thanks to which BT Pay customers have access to money before taking possession of the physical card, but also to details such as the card number, expiration date and CVV. Through the new ways of confirming online payments, but also with all this information at hand, on the phone, online transactions are faster for customers, whether it's shopping or paying utilities, taxes and fees." – Oana Ilas, Executive Director Retail Products Management & Development, Banca Transilvania.

 

The necessary steps for an online payment:

  • Completing the online order by choosing the desired products;
  • Filling in the card details, details that can also be taken from BT Pay / Card details;
  • Opening a secure page waiting for payment confirmation;
  • Receiving on the phone a notification that includes the last 4 digits of the card with which the payment is made, the name of the merchant and the amount to be paid;
  • Accessing the notification and complying with the payment with the fingerprint or by the method of unlocking the phone;
  • Returning to the online store page and tracking the completion of the order.

 

This method of authenticating payments is in accordance with the PSD2 Payment Services Directive, respecting the requirements regarding the strict authentication of customers.

 

3D Secure is an international security standard for online payments, for the additional protection of card customers and the reduction of e-commerce frauds.

 

Another novelty that comes with BT Pay to be accessed by a large number of customers, especially in the context of launching the confirmation of online payments through the application, is that the application can be downloaded including on phones with Android operating system that do not have built-in NFC technology. Users will have at their disposal all the functionalities of the application, except contactless payment with the phone at the merchants' POS, which requires the NFC function.

Press contact

comunicare@btrl.ro

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