Debit Card, Credit Card Rule: Can't Use New Card for Online Transactions? Know How to Activate it
Amid rising cases of banking frauds in the country, the Reserve Bank of India has introduced several measures for secure debit and credit card transactions. For online transactions: To enable any other facilities including online transactions, international transactions and contactless transactions in the debit and credit cards, customers need to approach the bank. How to activate online transactions in your debit and credit cards: Cardholders have to call a toll-free number of the bank and follow the instructions to set the transaction preferences. If cardholders have not used their card for online transaction, international transactions and contactless transactions before, the bank will have an option to disable their cards for those transactions, RBI said.
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