What is the reason behind these changes?

The international requirements and regulations of the Financial and Capital Market Commission (FCMC) for financial market participants specify that from 01 April 2017 a limitation on payments will be implemented if no additional security element is used during authorisation with code cards. The new regulations require that at least one unique code is used to confirm different transactions. In this case it will be a one-time code sent to your mobile phone by SMS, which will have to be entered in addition to a code from a code card to confirm a certain payment.

FCMC’s regulations

Have more questions?

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