Mobile Transactions To Become More Secure From 1 Jan 2011 Onwards
In 2009, RBI had mandated additional security for online credit/debit card transactions in India. This was achieved through the introduction of 3D Secure password that was required to be registered for every credit/debit card to enable its use for online payments on ecommerce websites. This meant that in addition to the 16-digit card number, 4 digit expiry date and 3-digit CVV number, the card holders were required to enter the... Read More
