Mastercard SecureCode definition
Examples of Mastercard SecureCode in a sentence
The Bank is bound not to disclose any personal data of the Cardholder to merchants participating in the Mastercard Identity Check or Mastercard SecureCode services.
In addition to the Card, the Cardholder will receive, under separate cover, a PIN (Personal Identification Number) which can be changed as described under Item 17.8. and a Registration Code for the use of special security systems (specifically, Verified by Visa (VbV) or Mastercard SecureCode (MCSC)) that allow the Cardholder to make secure payments and gain access to various services (e.g. account enquiries) via encrypted electronic data networks.
The use of NBG’s Mastercard Identity Check service is available only for Card transactions at merchants certified by Mastercard Identity Check and Mastercard SecureCode (hereon the “certified merchant(s)”).
When purchasing online from a participating retailer and authentication is required, you will be taken to a Mastercard SecureCode or Verified by Visa screen and instructions will be available.
Chargebacks is subject to the Card Association Rules and limited to Verified by Visa and Mastercard SecureCode 3D authenticated Card - Not- Present Transactions.
When the Card is used with your PIN (Personal Identification Number) to make a purchase at an enabled Chip & PIN point of sale terminal or to obtain a cash advance at an Automated Teller Machine (ATM), including your Credit Card together with a PIN through designated ATMs, or by using your Mastercard SecureCode to make purchases online, you are deemed to have authorised the transaction.