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 log on to the 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:
|Karur Vysya Bank
|State Bank of India
For international cards, to find out whether your card is password protected (or enroll into ‘Verified by VISA’ / ‘MasterCard SecureCode’ program), kindly use the links below:
Also, please know that for any further queries and payment related issues while placing your newspaper advertisement through http://www.releasemyad.com/forum/general/all/payment-options.