Reserve Bank of INDIA (RBI) has made PIN mandatory for online credit card or debit card payments.Â
- PIN is in addition to other information we provide like Card No., Name, Expiry Date & CVV no.
- Since it is a notice issued by RBI it is applicable to cards issued in India only. If your card is issued from any other country it will have a normal authorization process.
So this comes into effect from August 1st, 2009.

Stumbled on your website from Google Search as i was looking to know something about credit cards in details. Read the whole article on your site and i must say that me and my husband loved reading your post. So i thought of sharing a tip to all your users: For the lowest discount rates for transactions at a point of sale location, try to avoid typing in the credit cards numbers manually, but rather swipe the credit card with your terminal. A swiped credit card is typically given a lower discount rate per transaction. We bookmarked your website. Thanks alot – Steffi
hello would you mind if I use this site as a source for a college project?
You can use it if it is helpful to you…