Moscow and Tokyo — Russian Standard Bank and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Russian Standard Bank is to provide high-level security for online transactions with JCB Cards in Russia.
The security of online transactions is supported by 3-D Secure technology. This is a procedure for additional authentication of cardholders in order to provide assured security for online payments. Each payment system has a 3-D Secure brand and J/Secure is the 3-D Secure version for JCB Cards.
J/Secure utilizes special technology for secure online payments and data processing is carried out on a high-tech processing server of Russian Standard Bank.
Inna Emelyanova, Head of Acquiring Department of Russian Standard Bank commented: “JCB International has been our partner since 2008. JCB Cards are very popular in the world because of wide privileges and a high level of security. Russian Standard Bank pays much attention to security in e-commerce as well as JCB International. We are glad that our Bank is to launch J/Secure technology for JCB Cards in Russia”.
Today Russian Standard Bank is among the top three leading banks in acquiring network and transaction volume. The in-house processing center of Russian Standard Bank meets the highest standards of performance and security.
Takashi Suetsugu, General Director of JCB International (Eurasia), added: “Nowadays both international and domestic e-commerce markets are actively gaining momentum. Increasing internet access and smartphone penetration are contributing to the rapid growth of card payments in e-commerce. Furthermore, the spread of 3D-Secure technology gives cardholders additional confidence in the security of such purchases. JCB, as an international payment brand, launched its 3-D Secure technology in 2004 under the name J/Secure. Since that time, we have expanded functionality for our cardholders and have increased the level of protection of online payments. We are glad that our long-standing partner Russian Standard Bank is to launch J/Secure in Russia. It is a great chance to provide JCB cardholders with greater freedom to shop using e-commerce. Our J/Secure technology greatly increases the security of online transactions with JCB Cards and minimizes the risk of fraud”.