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To make online
shopping safer, the RBI has made it mandatory across all banks, from 1st
August onwards, for all online transactions to have an extra level of
authentication. The ‘extra’ level, is a password that the customer will have
to enter after entering their credit/debit card details while making online
payments. The customer will require this extra password’ for transacting on
any website in India.
This new technology is called VBV
– Verified by Visa or MSC – MasterCard SecureCode.
The customer(s) who intend to perform an online transaction through Master
Credit Card or VISA Credit Card, should enable the Verified by
Visa/MasterCard 3D SecureCode feature by coordinating with their card issuing
bank. Furthermore,
the cards not enabled for these feature would fail on the gateway.
How to get this
‘extra password’?
All the customer has to do is to log on to the respective bank’s website, register the card
for Verified by Visa (or MasterCard SecureCode) and get the password. Each
bank has its own process for card registration. Kindly find the following
links for registration:
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