Bankcard payment informations

Payment by bankcard

 

UniCredit Bank offers to its Partners the most wide-spread, modern and safe virtual card acceptance technology. All transaction participants can hold only the information relevant for them, which mean that data security is ensured predominantly by the separation of data. The use of the system ensures that the data related to the customer, the purchase, the product and the service can only be obtained by the merchant, while bank card data can only be obtained by UniCredit Bank. After the authorization of the transaction, the merchant is only informed of the fact whether the purchase was successful or not. It shall not receive information on the data content of the website executing the payment.

 

Security

A virtual POS encrypted (https://) channel between customer, website and bank.

Technical background of the payment is performed by the partner of Unicredit Hungary Zrt. a First Data Magyarország Kft. with its own platform. A payment page of the bank use the following URL-s:

https://secureshop.firstdata.lv

https://secureshop.firstdata.hu

RSA 2048 bites certificate (CA) with TLS 1.0 channel.

 

The application of the virtual POS service ensures the following advantages:

·        checks automatically whether the bank card offered for acceptance is included in the blacklist;

·        verifies the number and expiry of the bank card;

·        automatically requests approval from the authorization centre of UniCredit Bank for every transaction, whereby it verifies the availability of sufficient funds on the account(s) related to the bank card offered for payment in each and every case;

·        Automatically performs the electronic settlement (at midnight) with the financial institutions issuing the bank card; however, this requires automatic closure of the business day.

·        Minimizes the risk of fraud related to bank cards by continuously monitoring bank cards and individual transactions.

 

Acceptance infrastructure provided by UniCredit Bank

 

UniCredit Bank undertakes the virtual acceptance of the following bank cards, provided that the payment without the presence of a card option (Card Not Present) is basically determined by the bank issuing the card:

 

·        VISA embossed cards

·        VISA Electron cards (depending on the decision of the bank issuing the card)

·        V PAY cards, (depending on the decision of the bank issuing the card)

·        MasterCard embossed cards

·        MasterCard Electronic cards (depending on the decision of the bank issuing the card)

·        Maestro cards (depending on the decision of the bank issuing the card)

·        Cards issued exclusively for online payment

 

 

In order for card processing activity to work in a continuous and professional way, UniCredit Bank operates a technical call centre available 24 hours at local tariff rates, providing overall support in the event of any question you may have concerning online bank card processing. (Tel: 06-1/577-1771)

 

3D Secure – The guarantee of the safe bankcard acceptance

 

UniCredit Bank’s Virtual POS service applies the so-called 3D Secure safety solution, which was developed by international card companies MasterCard and Visa. 3D Secure provides maximum security and can be identified by customers initiating a transaction in your web store with the MasterCard SecureCode and the Verified by Visa logos. In the case of a 3D Secure transaction, the customer enters the unique identification code to be used for online purchases and in the case of these transactions Virtual POS contacts directly the bank issuing the card for the authorization. 



 

UniCredit Bank’s Virtual POS service applies the 3D Secure safety solution, which was developed and introduced by international card companies MasterCard and Visa. 3D Secure provides maximum security and can be identified by the MasterCard Secure Code and the Verified by Visa logos.

The 3D Secure solution has several advantages for the merchant because:

·        It increases customers’ confidence in web stores;

·        It reduces the risk of online fraud;

·        The issuing bank assumes liability for any transactions potentially queried by the Cardholder: the risk cannot be assigned to the merchant.

 

The online purchase process

 

The participants of the transaction are the same as in the case of a purchase in a traditional retail outlet with the use of a POS terminal. It involves the Cardholder, the acceptor merchant, the card issuing bank and the card acceptor bank, which is in this case UniCredit Bank. During the purchase:

 

1.) In the web store the customer compiles the shopping cart with the products it wishes to purchase, enters the required delivery information and selects bank card payment when entering the payment method.

2.) Then the payment module installed in the web store system forwards the transaction data (amount, currency, customer’s IP address and, if required by the merchant, short description of the transaction) to the bank’s virtual POS application. The transaction ID issued by the bank is returned to the same payment module.

3.) After that, the customer is redirected to the bank’s payment site where the transaction ID is also displayed. The customer needs to enter the bank card data on the appearing payment site which displays the logo of UniCredit Bank. (Name, card number, expiry, verification code). The redirection is performed in the interest of the customer. In this way, sensitive card data are not disclosed to and stored by the merchant operating the web store. For the sake of maximum security, a complete redirection takes place in every case; the so-called iFrame use by the merchant is not supported.

4.) Then the online authorization request is made for the acceptance of the card. If the authorization is granted, the transaction is executed.

5.) Finally, the customer is redirected to the web store with its transaction ID, and UniCredit Bank forwards the information regarding successful completion of the transaction.

 

Customer information

 

If you needed more information about this service, please contact our staff at UniCredit bank branches or call UniCredit Call Center - available 24 hours a day at local rates-at 06-40 / 50-40-50.


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