1st Contact’s new 3D secure debit card system has just hit and is set to take the safety of online money transfers to new heights.
1st Contact Forex, the pioneers of this secure 3D platform in the remittance market, have introduced this innovation as an addition to its existing Forex service offering, at rates below those of banks, with zero receiving fees and every fifth transfer free.
The portal is seen as the most secure online portal available today, and with accreditations from Mastercard and Visa, 100% security is guaranteed.
According to Ernst Janse van Rensburg, 1st Contact’s Forex manager, “the new online platform offers individuals a unique opportunity to secure an exact exchange rate online. Our rate notifier is designed to send text messages to clients when a desired exchange rate is reached”.
Being fully customised, with a dynamic dashboard feature, the system responds to the unique status of each customer. From a South African perspective SARS (South African Revenue Service) require additional checks for South African recipients, which are all taken care of in this new site. Debit cards can be used, by simply registering them online, without any additional administration.
1st Contact has been at the forefront of leading the advance of safety standards in Forex and money transfer services and believes new innovations like the 3D secure debit system are crucial. According to Janse van Rensburg, during these financially trying times, individuals need to be assured that their hard earned cash is in the safest hands.
1st Contact does warn that a multitude of foreign exchange and money transfer companies are guilty of making false claims that lure unsuspecting consumers into a transaction environment that does not meet online safety standards of excellence.
Such false claims include services that promise ‘inter bank’ exchange rates to individuals that are simply impossible to secure, resulting in grave disappointment when the actual funds that clear into the individual’s bank account are less or different to what they had originally anticipated ”, says Janse van Rensburg.
For more information on how other Forex companies are making false claims and how to safeguard against this, view 1st Contacts article covering this issue.