Whether the bank can refuse expensive and unsafe SMS channel on delivery of one-time passwords

JSC Bank of Innovations and Development implemented PayControl technology for protection of payments of private clients in the system of Internet banking of BSS Company. "The optical token in the smartphone" from SafeTech company allows to do without SMS passwords and to protect from Internet fraud in the BSS system "the RBS BS-Client. Private client".

For PayControl use the user needs to point the smartphone camera at the QR code in the system of Internet banking, to make sure that data of payment on the display of phone correct and to click confirmation then the program will generate the activity code tied to its details. Such scheme of work provides protection against a phishing, substitution of the document, interception of one-time passwords and other known attacks.

Besides, clients should not wait for arrival of Sms with passwords any more that is especially relevant in roaming and a zone of a bad covering of cellular communication.

The PayControl technology is integrated into the RBS system for individuals "by RBS BS-Client. Private Client" BSS Companies, recognized leader of the Russian market of the RBS systems.