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Credit card PIN a must for Online shopping


keyboard A Reserve Bank of India directive has made it mandatory to have an authentication passcode Verified By Visa or Mastercard Secure Code (VBV/MSC) to make all online transactions safer.

Now it will be compulsory to have a personal identification number (PIN)/password for all online credit and debit card transactions in the country.

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July 31, 2009 - Posted by | Uncategorized

3 Comments »

  1. Yes it is really necessary for the pupose of security. Good decision, I must appreciate our Government.

    Comment by mugdha | December 4, 2009 | Reply

  2. Yes very good decision.

    Comment by Stocks | December 4, 2009 | Reply

  3. Its a very good step taken by the RBI to stop the electronic theft.

    Keep it up RBI.

    Comment by CapitalVia Global Research Limited | December 7, 2009 | Reply


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