DIGITAL PAYMENT OPTIONS

Ready to enable your Vectra Bank debit and credit cards for digital payments? Get started today!

A digital payment refers to the use of a completely electronic transaction between the buyer and seller, replacing the use of exchanging cash, checks or physically swiping or inserting a card.

Digital payments are an increasingly popular way to pay for both goods and services. Customers that use digital payments enjoy the convenience of having payment capability easily available, as well as payment simplicity.

Here are some example scenarios:

• You go to the gym and just grab your keys & phone, leaving your wallet or purse at home for safety and to travel light. On your way home, you realize you need milk for your breakfast. Instead of going home to get your money or card, you simply stop off at the store and make your payment using the card you’ve enabled on your phone.
• You’re watching TV and you see a commercial for a local restaurant. You grab your iPhone that’s sitting next to you and you search Groupon for a discount coupon. You find one and easily make the purchase using Apple Pay, which offers in–app purchases simply using TouchID^™.
• You’re shopping online from your computer and find something you want to buy. Your wallet or purse is in another room. No worries, though, with Click to Pay you can complete your purchase without getting your card and entering in your card details. You simply use Visa’s one–click option and you’re done.

The technology behind digital payments has developed with increased security in mind. A key technology is tokenization. Tokenization is a process that replaces the primary account number with a one–time value called a token. A token is only good for that one transaction. If that token was stolen, it would be meaningless for any other transaction.

Not all merchants can process digital payments today. However, as merchants further adopt the technology needed to process digital payments, this payment method will continue to grow making digital payments more ubiquitous.

There is no cost[cite::152::cite] to enable your Vectra Bank debit or credit cards for digital payments.

Understanding Digital Payment Security
As a Vectra Bank cardholder, you receive the same great services even when making digital payments.

24/7 Fraud Monitoring
We’re always monitoring your account for suspicious activity and will attempt to contact you if we see something unusual. To ensure the best possible service, please maintain accurate contact information with the bank. To check to see if your information is up–to–date, log in to Online Banking or call 888–758–5349.

Zero Liability[cite::128::cite]
With Zero Liability you can shop with confidence, knowing you will not be held liable for any unauthorized purchases made with your card or account information. Learn more here.

Card Alerts[cite::232::cite]
Keep close track of purchases made with your card. Card Alerts are a one–way text communication that sends you notifications based on criteria you select. With Card Alerts, you have near real–time visibility of signature-based purchases via notifications sent to your mobile device or by email. Learn more about free enrollment here.

Mobile Card Fraud Alerts[cite::129::cite]
Register for our Mobile Card Fraud Alert service to receive a text message any time we see a potentially fraudulent transaction on your account. Learn more about free enrollment here.

Your Vectra Bank Relationship Bankers are available to answer your questions and help with all of your financial needs. Please give us a call at: 844–210–3604 (Mon – Sat, 7am – 7pm MST), visit us at one of our branch locations or complete the form below.