Yandex secures payments

Wed 17 June 2009 14:03, Editors

Russian search engine Yandex has made changes to their online payment system Yandex.Money, making it more secure. They added the option “Strengthened Authorization”. With this option users no longer make use of passwords but of a one-time code.

When confirming a transaction a user has to take a code from a specific table cell. Since the code is unique it can only be used once and can't be stolen.To get the codes users will have to download a list of codes from the website or order them to get them sent to their homes.

This way of authorization is similar to using so called "TAN codes" which are also used a lot by banks. It is safer because the users won't have to be afraid that they lose their password. However the list of codes seems a bit outdated with random readers and sms-codes being used by Western banks as alternatives.

<Our Daily Search Pic(k): Harry P...

Does Lycos want to get back in t...>

Comments (1)

- Verona
- [website]
"However the list of codes seems a bit outdated "

Doesn't the whole Yandex thing seem to be a bit outdated? Like a year or so outdated? =)

Wed 17 Jun 2009, 16:00

Comment

Why Yandex loses market share

Wed 8 Feb 2012, Tamara Yadvichuk

0 comments

Yandex, the leading Russian search engine, has been losing market share for some time now. According to Liveinternet.ru, over the last year Yandex’s market sh...... read more

Bobbi Brown Cosmetics takes adva...

Mon 6 Feb 2012, Qin Hu

1 comment

Bobbi Brown Cosmetics takes advantage of using Facebook

Bobbi Brown Cosmetics is launching a Facebook campaign to help its fans vote for the return of lip colours that are no longer in production. They have been doing...... read more

Inside buildings will be seen in...

Mon 30 Jan 2012, Qin Hu

0 comments

Inside buildings will be seen in Google Maps soon

Recently, Google announced the news about the coming feature of Google Maps. According to its vice president of consumer products, Marissa Mayer, Business photos for G...... read more

Pixel Marketing+

Fri 27 Jan 2012, Gergana Koeva

0 comments

The brilliant young mind of Alex Tew, the English student who came up with a simple, but million dollar worth idea has spawned another similar creation…genius i...... read more