BNP Paribas is running a trial of OT MOTION CODE with 1000 French customers. The dynamic security code solution replaces the 3-digit static code located on the back of the card, used to confirm online payments.
The dynamic security code is designed to effectively combat payment card fraud, in which hackers obtain the payment information used when consumers make purchases online. The dynamic code changes regularly, meaning that it is impossible to reuse.
To carry out the trial, BNP Paribas chose Oberthur Technologies’ OT MOTION CODE™ solution. The payment cards have a screen on their back displaying a security code that is regularly refreshed. This dynamic security code strengthens the security of online payments for BNP Paribas customers, without the slightest change to their customer experience.
More than 90% of online transactions in France are made using payment cards. The dynamic security code will improve the security of purchases made online and is compatible with all e-commerce websites. the companies noted.
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