Nowadays online shopping is getting very popular in India. There are number of online shopping websites are there to choose the best product for our needs. All online shopping websites accept MasterCard and visa debit cards for payment purpose. In this article, we are going to see: how to register MasterCard or visa debit and credit cards for online shopping.
Register Mastercard or Visa Debit And Credit Card Now!
As I said above most of the online shopping websites allows us to use master debit cards, visa debit cards and credit cards for settling the bill. Internet banking and PayPal are other the major payment methods for paying money. After selecting a product, we have to choose a payment method to complete the purchase. In India all the banks provide international MasterCard’s, maestro cards and international debit cards for the customers to perform financial transactions. The peculiarity of the international MasterCard’s and visa debit cards is, we can use these cards for withdrawing money as well as for performing online shopping. The important thing that you should consider is, before using the MasterCard and visa debit cards for online shopping, we must complete a onetime registration to configure the 3D secure options. As per the Gov. Rule, you should “Register Your Mastercard or Visa Debit And Credit Card” for performing the online money transactions.
ABOUT ONLINE PAYMENT
On comparing with developed countries, people of India didn’t accept the online money transaction as a reliable way for making transactions. Still there are so many questions on the credibility, reliability and security of online transaction. The major reason behind is nothing but, news on phishing sites and unsecure online transactions.
From august 1, 2009 all online transactions using debit card and credit card; must require an extra layer of protection. This is a strict directive given by the by the Reserve Bank of India to all banks in India for giving an extra protection for online transactions.
WHAT IS VERIFIED BY VISA
VISA Inc. is an American multinational financial services headquartered in United States of America. VISA provides electronic fund transfer throughout the internet. In India, most of the popular banks depend VISA for handling all the electronic fund transfer.
VISA provide an additional security called “verified by VISA” for protecting their customers in online money transactions. For doing online money transaction, all the VISA cards users must register online for providing the below details
- User ID
- Personal assurance message (PAM). Before entering the password for completing transaction, PAM will be displayed for confirming that you are using the genuine verified by VISA protected transaction.
What is MasterCard Secure Code?
MasterCard incorporated or MasterCard worldwide is an American multinational company. Like VISA, many of the Indian banks use MasterCard for handling online money transactions
MasterCard provides secure code to the users for avoiding un-authorized transactions using, MasterCard debit cards and credit cards. This secure code is same as our password, this secure code is used for authorizing the genuine user to make online transactions. This will provide an enhanced security for all online transactions.
What is 3D secure service?
3d secure service helps to provide a genuine authentication using your debit card or credit card during each financial transactions. So, it will be asked every time you make the payment for your online shopping or during paying bills. For completing the 3D secure procedure, you have to enter the details such as; your card number, your name printed on the card, card expiring date and the CVV number [This number is usually a 3 digit number found on the back side of the card]. These verification will defining help you from all the un-authorized access to your account using the card.
How To Register MasterCard or Visa Debit And Credit Card For Online Shopping?
As per the strict rule of Reserve Bank of India, we must register MasterCard and VISA debit cards for online shopping or online money transactions, we must register our debit card or credit card for assigning the user ID, password and the PAM
Steps For Registering Your Debit Card or Credit Card:
- Go to your bank website
- Find the link for registering your bank card
- Provide your account number and ATM pin for verification
- Set your user ID, password, personal assurance message or secure code to complete the registration.
What happens If You Don’t Register Your VISA/MasterCard?
If you don’t register your bank card; they you will be asked for completing a one-time registration for your card during the first online transaction. So registering your card is mandatory and perform it by following the link provided on your bank’s website:
- Register Federal Bank Cards
- Register SBI or SBT Cards
- Register ICICI Bank Cards
- Register Citi Bank Cards
- Register Axis Bank Cards
- Register Deutsche Bank Cards
- Register Karur Vysya Bank Cards
- Register Standard Chartered Bank Cards
- Register HSBC Bank Cards
- Register HDFC Bank Cards
Having any doubts on registering MasterCard and visa debit card? Can’t find your registration page?
Post a comment here. I’m always happy to help you!