For cardholders: The use of SSL certificates on either the Bank Hosted payment page or the Merchant Hosted payment page ensures that customer card details are protected from interception during transmission. The risk of unauthorised access of card details is greatest where card details are stored by the merchant’s website. This is why, as a requirement of use, merchants using ANZ eGate must protect any stored card details by encryption.
For Merchants: Only cardholders with sufficient funds in the card’s account can successfully make a purchase using ANZ eGate. While the presence of adequate funds is guaranteed, as with any card-not-present payment system, merchants using ANZ eGate are at a greater risk of chargeback disputes because no cardholder signature is obtained at the time of purchase.