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. Further, the cards not enabled
for these feature would fail on the gateway.
How to get this ‘extra password’?
All you need 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:
HDFC Bank
ICICI Bank
Citibank
HSBC Bank
State Bank of India
Axis Bank
ABN Amro
Deutsche Bank
Karur Vysya Bank
Standard Chartered