Anti Fraud services

PCI DSS Compliance - Security Standard

Piraeus Bank facilitates businesses that manage payment card data, to be authenticated according to the international safety standard entitled Payment Card Industry Data Security Standard (PCI DSS). PCI DSS was created by the International Payment Organizations (Visa, MasterCard, etc.).

High safety requirements

The international security standard entitled Payment Card Industry Data Security Standard (PCI DSS) has been developed by International Payment Organizations (Visa, MasterCard, etc.), and defines specific safety standards with which businesses that receive, process, store or transmit payment card data must comply with.

The PCI DSS requirements regard:

  • Payment procedures
  • Computer and software systems
  • Anything else involved in the processing, storage or transmission of payment data.

Card data security

The main objective of the international security standard PCI DSS is to enhance the security of card data managed by your e-Shop. In this way, it contributes to the efficient service you provide to your clients, thus protecting their transactions.

Authentication according to the PCI DSS

The authentication, which Piraeus Bank has according to the international PCI DSS security standard since 2011, greatly facilitates your business in the process of completing its own authentication.

Piraeus Bank is the first bank in Greece (and the Balkans) which has been authenticated according to the PCI DSS standard, which proves the commitment of the Bank and its investment in the security of electronic transactions.

Anti-fraud Services

Piraeus Bank provides advanced preventive services for fraud transactions (Anti-Fraud services) for businesses accepting electronic transactions through the internet or by telephone.

Control & monitoring of transactions

By enabling Anti-Fraud services, the system checks and ultimately rejects those transactions deemed suspicious. The monitoring of suspicious transactions is applied based on rules agreed together with you and with the assistance of Piraeus Bank's specialized personnel. Your business therefore acquires a strong protection mechanism against fraud transactions.


The mechanisms of Piraeus Bank Paycenter Anti-Fraud services provide multiple levels of security. They are being parameterized according to the needs of your business and the market in which you operate. Moreover, apart from the Anti-Fraud mechanisms aimed for all businesses, specialized solutions may be provided for ticketing, booking, airline, shipping companies, etc.

3D-Secure Services

Piraeus Bank offers to e-Shops the Verified-by-Visa and MasterCard Secure Code services by Visa and MasterCard.

Authentication of payment cardholders

Piraeus Bank provides the Verified-by-Visa and MasterCard Secure Code services, which have been designed based on the 3D-Secure protocol. These services authenticate payment cardholders (credit, debit or prepaid cards) when performing transactions on your e-Shop. With this additional level of security, 3D-Secure services further shield your business from fraud transactions and the risk they entail.

Authentication makes online shopping more secure for your business and your customers, by creating a secure e-commerce channel.

The online authentication process is instantaneous and is activated every time a Visa card or MasterCard is used on your e-Shop, before the request for the approval to charge the card.

Application to all e-Shop solutions

For the businesses that will be interconnected with the ePOS Paycenter through the Redirection (or i-Frame) solution, Piraeus Bank has already implemented everything required for the full operation of the corresponding services, together with the latest version of the 3D-Secure authentication protocol. The solution is integrated in the online payment process, thus significantly reducing the implementation cost for the business and offering direct activation, without requiring the supply or installation of additional software.