7/23/09

Your credit card will stop working online after August 1, 2009 - register with your bank today


To make online shopping safer, the RBI has made it mandatory for all online transactions to have an 'extra' level of authentication from August 1, 2009 onwards. You have to register your credit/debit card by August 1, 2009.

The 'extra' level of security is a password that you will have to enter after submitting your credit/debit card details when making online payments. You will require this password for transacting on MakeMyTrip and other websites in India.

This new technology and security level is called VBV - Verified by Visa or MSC - MasterCard SecureCode.
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