CEC Bank positively surprises all its customers from all over Romania with a very important announcement that aims to show us how differently the bank thinks about things compared to other competing banks. More precisely, CEC Bank informs its customers from all over Romania that they have a very simple method to authorize online payments from now on, the simple scan of the fingerprint fulfilling this role for them.
CEC Bank implemented this new authentication measure for online payments after several financial institutions in Romania decided to integrate stricter online payment authentication systems. Some banks ask their customers to log in to the internet banking applications, to enter their account passwords, then a code received via SMS, and the ATMs to enter the last digits of their CNP, but at CEC Bank things are simpler.
CEC Bank: LAST TIME Announcement Targeting Romanian Customers
CEC Bank makes this change because European legislation obliges banks in all countries to integrate stricter systems for authorizing online payments, after until now we only received authorization codes via SMS. Now things are getting so complicated that you no longer feel like making payments online, but at least at CEC Bank, the authorization of payments only involves scanning a fingerprint, and not another much more complicated process.
CEC Bank made a much better decision than ING Bank, for example, which decided to require customers to log in to its internet banking platform, and then to wait for the payment authorization message, and to confirm it. This whole process that CEC Bank, or other banks, impose on customers is not something that is meant to encourage online payments, on the contrary, it will discourage online payments in Romania to a very large extent.
CEC Bank offers the new payment authorization method starting now, so you can use it immediately to authorize any kind of online payments you make in stores that have already implemented 3D Secure.
