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RBI tightens online card use


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ramesh avula
Securing Online Banking in India
by ramesh avula on Aug 06, 2009 12:31 PM

Verity Technologies to cut down all credit card or debit card fraud losses in India.


Blue-ID card allows store purchase, online purchases, and mobile Authentication and Identity Management Services purchases and can provide the “instant verification” for consumers.


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deepak pundir
Good to stop card based fraud
by deepak pundir on Jul 30, 2009 10:48 AM

Its very nice from the customer persprective.But parallelly banks should also take suitable steps to educate customers specially ICICI bank who has max number of credit card across the country.

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Nitin Dutt
Good
by Nitin Dutt on Jul 24, 2009 12:14 PM

Agree with my friends here. Good step by RBI, atleast we online shoppers will be less worried over theft of data while shopping.

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Rajesh Patel
GOOD DECISION
by Rajesh Patel on Jul 24, 2009 11:05 AM  | Hide replies

YES VERY GOOD DECISION BY RBI, AND DON'T HAVE TO COMPARE EVERYTHING TO OTHER COUNTRY, AFTER IF LESS FROUD IN INDIA THAT DOEN'S MEAN WE DONT HAVE TO PREVENT THIS, WE HAVE TO CONOSIDER VALUE OF MONEY , IF SOME SINGLE BODY PHASE PROBLEM BY FROUND THEN WE HAVE TO WORRY FOR THAT ,,,
AND SIMLPY C CARD IS VERY IS EASY TO FROUD THAT FOR MOSTLY PEOPLE ARE NOT USING AND IGNORING USE
IF CARD ALSO WILL BE PROTECT BY THIRD PASSWORD MORE PEOPLE WILL START TO USE C CARD SURE

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Prasad Maturi
Re: GOOD DECISION
by Prasad Maturi on Jul 24, 2009 04:36 PM
First be clear what you want to convey & try using proper English

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Karan mohanty
Nice step
by Karan mohanty on Jul 24, 2009 09:58 AM

This is really a nice initiative taken by RBI to prevent online fraud and now it is very tough for the criminals that they dont only need card number for fraud..

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