{"id":14312,"date":"2018-06-24T05:51:00","date_gmt":"2018-06-24T05:51:00","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=14312"},"modified":"2021-08-05T05:53:24","modified_gmt":"2021-08-05T05:53:24","slug":"visa-ded-security-week-helps-consumers-understand-their-role-in-securing-digital-commerce-in-the-uae","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/visa-ded-security-week-helps-consumers-understand-their-role-in-securing-digital-commerce-in-the-uae\/","title":{"rendered":"Visa-DED Security Week helps consumers understand their role in securing digital commerce in the UAE"},"content":{"rendered":"\n

The Department of Economic Development (DED) in Dubai, and the world\u2019s leader in digital payments, Visa (NYSE: V), today launched \u201cSecurity Week\u201d in the UAE, a consumer education campaign that aims to promote safe card usage and provide consumers with tips and advice to protect themselves against payment-related fraud. This is the third successive year that DED and Visa have partnered to drive this initiative.<\/p>\n\n\n\n

Visa and DED surveyed consumers across the UAE regarding eCommerce and digital payments, providing compelling insights into their experiences, attitudes and behaviors. More than two-thirds of UAE shoppers are now comfortable with online shopping (66%) and online payments (government payments, utility bills) (70%). The survey identifies where shoppers can improve their payments security \u2013 and Visa\u2019s tips, posts and videos throughout the week will show them how to do this as part of the #VisaSecurityWeek social media campaign.<\/p>\n\n\n\n

Ahmad Al Zaabi, Director of Consumer Protection in the Commercial Compliance & Consumer Protection sector, DED, said: \u201cDigital payments are becoming more common in the UAE, as the Security Week research demonstrates. Education remains key to building consumer confidence in using existing and new payment technologies to helping them maximize the potential of the UAE\u2019s retail sector, for both eCommerce and in-store environments. The Security Week initiative will once again play a major role in educating consumers on the benefits of digital payments and about how to stay safe when shopping.\u201d<\/em><\/p>\n\n\n\n

Neil Fernandes, Visa\u2019s Head of Risk for Middle East and North Africa, commented: \u201cAs digital commerce grows and new payments methods emerge, it\u2019s imperative that we maintain trust and confidence in the ecosystem. It is everyone\u2019s responsibility from consumers themselves to payment service providers to the banks and merchants, to ensure that card data is secure. Security Week seeks to raise consumer awareness of the security features of digital payments and provide them the tools to help them identify and prevent potential fraud. This will empower them to use their cards or mobile device with confidence to shop both online and in a physical environment. We are delighted to partner with DED, a leader in promoting cashless commerce in the UAE, again in educating consumers with this knowledge and supporting the UAE government\u2019s vision of becoming a cashless society.\u201d<\/em><\/p>\n\n\n\n

Benefits of eCommerce and contactless technologies being felt by consumers<\/strong><\/p>\n\n\n\n

As the survey indicates, shoppers are experiencing and recognizing the benefits of going digital when shopping and paying[2]:<\/p>\n\n\n\n