>> July 31, 2009
From 1 August , 2009 it is compulsory for all online card like credit cards , Visa and MasterCard to register for extra verification . 18 Feb. 2009 , Reserve bank of India sent a circular to all banks in which all banks made system of additional authentication and validation .
[Read pdf circular of RBI here ]
It means now after 1 August 2009 , when you will buy vie e-bay or from any other website , you need to provide an additional password for completing that transaction in India for reducing misuse of all online cards . Only online transactions up to Rs. 5,000/- will be validated without the password .
Steps of Register your Debit & Credit Cards
Choose the way of register
Any one of above way can be used if you are shopping on the Internet .
you can you can visit your bank’s website register all your cards . Following are the websites of different famous bank from where , you can register your cards :-
After going to register now , you will have to accept the condition and then write card no. and expiry date and follow other few steps and you will get that extra verification pass ward . You can you can get the same Internet PIN to all these cards .