General
Credit / Debit Card
Internet Banking (FPX)
TAC Number
Another layer of security that senangPay has is TAC number. This security feature applies to all debit card transactions and FPX Internet Banking that happened using senangPay Payment Form.
A. What isTAC number?
TAC is a unique 6-digit code that you can generate on a device (TAC on Device), receive via SMS (TAC on SMS), or generate via Internet Bankingon your mobile phone (TAC on Mobile).The TAC number is providedby the bank to ensure that the transaction or purchasing payment from the customer is valid and authorised by the customer itself. The TAC number is depends on the customer’s bank.
B. May I see exampleon TAC number?
Kindly please refer the image below. This is an example of TAC number from Maybank.
C. May I know all details regarding theTAC number?
You can simply read the detail of the TAC number from the bank itself. This is the listof local banks supported for FPX internet banking
1. Affin Bank
2. Alliance Bank
3. AmBank
4. Bank Islam
5. Bank Rakyat
6. Bank Muamalat
7. BSN
8. CIMB Bank
9. Hong Leong Bank
10. HSBC
11. Kuwait Finance House Bank
12. Maybank 2E
13. Maybank
14. OCBC Bank
15. Public Bank
16. RHB Bank
17. Standard Chartered
18. UOB
D. What kind of fraud that TAC numberprotects from?
Since the banksends TAC number to the customer’s mobile phone, thus :
1. Only account holdercan make payment through the senangPay Payment Form.
2. Nobody else can make the payment through senangPay Payment Form unless he stealsthe account holder’smobile phone, with assumption that he / she has an access to the mobile phone to get theTAC number.
3. Anonymous cannot abuse the senangPay Payment Form.
E. Whatis the benefit of TAC numberto merchant?
There are a few benefits to you as a merchant:
1. The risk of fraud is shifted to the Bank.
2. Bank protects account holder/ customer from being fraud, thus this leads to a free of mind in using Internet Banking.
By reading this article, you already know:
- senangPay is safe & secure.
- senangPayintegrate with TAC numbersecure features with local banks.