Monday, August 23, 2021

RBI may soon want you to memorise your 16-digit card number

The new norms would make it mandatory for customers to enter all their card details - name, 16-digit card number and expiry date, and CVV - every time they make an online payment. Right now, you only need to authenticate transactions through your CVV (card verification value) and OTP (one-time password (OTP).

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-may-soon-want-you-to-memorise-your-16-digit-card-number/slideshow/85558096.cms

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