The NetCode SMS or token is a single use secure code sent to a customer’s mobile via SMS verifying online transactions purchased on websites featuring a MasterCard SecureCode or Verified by Visa logo. Alternately, customers can use NetCode token which generates a code on a personal pocket-sized security device.
The additional layer of security will be a familiar process for the bank’s 3.8 million NetBank customers who currently use NetCode SMS or token for new online funds transfers or payments. NetCode SMS is a free service available to all NetBank customers. It replaces Personalised Identification Questions to provide added security when completing certain NetBank transactions.
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