Common use of Authentication 2 Clause in Contracts

Authentication 2. 1. Each time the Cardholder uses the Card for online purchases at a certified merchant, after entering the Card number, expiry date and CVC2/CVV2, the Mastercard Identity Check screen is displayed, including information on the specific purchase and the option to select the method by which the Cardholder shall receive the One Time Password (OTP) which is required to complete the transaction. The Cardholder may choose to receive the OTP either to the mobile phone number stated and registered with the Bank’s records as contact number or as "mobile phone to receive OTP” or to the email stated and registered with the Bank’s records as contact email or as "email to receive OTP”. After choosing how to receive OTP, the Cardholder should select “Submit” to generate an OTP. Then, the next screen appears which includes part of the above mobile phone, number or email to which the OTP is sent, as well as the field in which the Cardholder should enter the OTP.

Appears in 3 contracts

Samples: Single Agreement for Deposits and Associated Transactional Relationships, Single Agreement for Deposits and Associated Transactional Relationships, Single Agreement for Deposits and Associated Transactional Relationships

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Authentication 2. 1. Each time the Cardholder uses the Card for online purchases at a certified merchant, after entering the Card number, expiry date and CVC2/CVV2, the Mastercard Identity Check screen is displayed, including information on the specific purchase and the option to select the method by which the Cardholder shall receive the One Time Password Passwo rd (OTP) which is required to complete the transaction. The Cardholder may choose to receive the OTP either to the mobile phone number stated and registered with the Bank’s records as contact number or as "mobile phone to receive OTP” or to the email stated and registered with the Bank’s records as contact email or as "email to receive OTP”. After choosing how to receive OTP, the Cardholder should select “Submit” to generate an OTP. Then, the next screen appears which includes part of the above mobile phone, number or email to which the OTP is sent, as well as the field in which the Cardholder should enter the OTP.

Appears in 2 contracts

Samples: Single Agreement for Deposits and Associated Transactional Relationships, Single Agreement for Deposits and Associated Transactional Relationships

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