Verified by Visa and MasterCard SecureCode Registration for Online Transactions

Just to control online fraud incidents and take extra security measures, RBI has ordered credit card providers to start a new extra security layer for online transactions from August 1st, 2009. Now you can’t just enter your credit card no, expiry date and 3 digit security code to proceed and purchase online, you do have to get registered by either Verified by Visaor MasterCard SecureCode, depending on your card issuer. Without Verified by Visa or MasterCard SecureCode, you won’t be able to use your credit card online.

All credit card issuers in India have already sent emails to their customers on how to register for MasterCard SecureCode or Verified by Visaprocesses. However, if you have not been contacted yet, you can directly contact your bank by visiting their nearest branch office or call their toll free nos to get VBV (Verified by Visa) or MCSC (MasterCard SecureCode) activated for you.