Visa & Rupay Card Online Registration : Cosmos Bank

Organisation : Cosmos Bank
Facility : Visa & Rupay Card Online Registration
Applicable For : Cosmos Bank Customers
Website : https://www.cosmosbank.com/#

Visa Card Registration :

E-commerce in today’s world as an interactive, cost effective, interesting and easier way of buying and selling products.

Related : Cosmos Bank CoBiz Service : www.statusin.in/26251.html

Development in modern web and software technologies are elevating excellence and expanded options in this field.

Customer information, business data and payment details are all highly sensitive, confidential commodities that are traded or shared as part of an e-commerce transaction. As the popularity of shopping online continues to grow exponentially, security has become paramount.

Due to the constant technological and business change and requires a co-ordinated match of algorithm and technical solutions, we have changed the e-commerce Visa card enrollment process and Visa card transaction process for Cosmos Bank Cardholders in our new solution.

Visa Card Enrollment Process :
** For completing the ecommerce transaction, customer will be navigated to the webpage for registration

** One Time Password (OTP) will be sent to customer’s registered mobile number
** Cardholder will enter the One Time Password (OTP)

New Re-Registration Process For Visa & Rupay Card Online Ecommerce Transaction – It’s Fast & Secure !
** System validates the One Time Password (OTP) and displays the static password creation screen

** Cardholder creates static password and Select security question and provide answer. (Security question will assist in case of Forgot Password) and enters the email id

** Cardholder will submit the request
** Cardholder receives the welcome message to his/her mobile Registration completed

** If mobile number is not available, the Registration Process will not populate and display an appropriate error message requesting cardholder to contact the branch for mobile number registration

Visa Card Transaction Process :
** Cardholder completed successfully the card enrollment process will follow the below mentioned steps for e-commerce transaction

** When customer will decide for payment of e-commerce transaction, Cosmos Banks system will check the mobile number is registered and validate whether card has been successfully enrolled

** Cosmos Bank system will send the response to Visa that card is registered with the bank
** Visa redirects cardholder to Cosmos Bank e-commerce authorization and displayed following page

New Re-Registration Process For Visa & Rupay Card Online Ecommerce Transaction – It’s Fast & Secure !
** Cardholder selects one of the methods and clicks Submit

** Let’s assume cardholder selects the third (both OTP and Static) method. If so system will display below screen to enter the static password first

** If the static password is valid, system will send the OTP to cardholder mobile and cardholder can enter the OTP as displayed in the next screen
** Cosmos Bank System validates cardholder authentication

** Merchant payment network will send the request with the CAVV to Bank’s Switch for authorizing the purchase
** Bank’s Switch checks the CAVV and authorizes the transaction

If cardholder forgot password :
** Cosmos Bank System provides the ‘forgot password function’ for cardholder who might forget their password and needs to reset the password

** Click Forgot password in static password screen
** The security question displays on screen