Posts Tagged ‘debit cards’

PIN compulsory for Online Payments

PostDateIcon July 31st, 2009 | PostAuthorIcon Author: admin

Reserve Bank of INDIA (RBI) has made PIN mandatory for online credit card or debit card payments. 

  • 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.

PostCategoryIcon Posted in Information | Tags: , , , , , , | PostCommentsIcon 3 Comments »
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