UniCredit Bulbank has become a financial partner of Webit – the only B2B exhibition and conference on Internet Business and Marketing for Southeastern Europe. In the spirit of innovations, this year, with the help of UniCredit Bulbank, Webit will offer a quick, convenient and innovative way of payment for VISA and MasterCard cardholders – Internet payments.

Unicredit Bulbank is the first Bulgarian bank, which was licensed to offer the service of performing payments with bank cards on the Internet in a secured way back in 2006. The security systems of VISA International and MasterCard International (Verified by Visa and MasterCard Secure Code, respectively) ensure identification of the cardholder, effecting the payment, and in this way they provide explicit proof of the purchase. The service provides security not only to the tradesman but also to the cardholder, because the data related with the cards is not stored on the website of the tradesman.

The advantages for tradesmen using the service of accepting payments with bank cards on the Internet are the following:

• Access to a modern channel for settlement of payments;

• Bringing to a minimum the risk from financial loss due to fraud and disputing payments – through the Verified by Visa and MasterCard SecureCode systems;

• Better distinguishing of the Internet site of the tradesman.