July 16, 2013 | Posted by: Moneymax | Lifestyle
July 16, 2013
Online shopping saves considerable time and effort, and also presents you with a wide array of options. At the same time, it really saves you from a lot of troubles, especially in the festive seasons. However, one must be careful with the risks associated with shopping online. The lock/unlock safety features of the SMART Money Card are exactly what we need to shop online safely.
With its award-winning lock/unlock feature, you can shop online without worrying about online fraud. You are certainly the only person that can access your account because you will be asked to input your personal PIN every time you use your SMART Money. What’s even better is that you will receive text notifications every time you perform a transaction.
The Smart Money Mastercard has a lock/unlock feature that prevents your account from making online purchases when it is locked. Thus, you have to unlock your account whenever you want to make online purchases. The account will automatically be locked after 10 minutes.
With the use of your mobile phone, you are the only one who can authorize online transactions using your Smart Money account. When making an online purchase with SMART Money, you will be convinced and reassured that your account is well-protected and secured due to the following reasons:
All of the above features are obviously not available via your regular credit or debit cards. This is the exact reason that makes the SMART Money Mastercards outstanding and unique among the thousands credit cards in The Philippines!
Before you proceed with your payments or click on the confirmation button, for safety purposes you have to “unlock” your SMART Money accounts using your mobile phones. This will give you a 30-minute window to allow a maximum of 2 online transactions.
To unlock your Smart accounts, you just need to follow these simple steps:
The unlocking fee is P2.50 per unlock and it will be deducted from your prepaid or postpaid accounts. Meanwhile, the “Lock” feature is free.
For safety purposes, the security system automatically locks the account after 30 minutes the account is unlocked even if the online transactions are unsuccessful. Besides, only maximum two online transactions are allowed per unlock request.
There is no restriction on the frequencies of online transaction per day. However, only a maximum purchase amount of P50,000 per card is allowed in a day. Meanwhile, for dollar-denominated transactions, the amount will be converted in PESO value and may varies depending on the foreign exchange rates.