Online Shopping will be more secured from August 2009

Reserve bank of India is taking serious steps to make our online shopping and transactions with credit cards much secure. Well I am little late to post about it but from August 1st 2009 ,as per RBI notification date February 18,2009 your credit card will not work online until you register it with “Verified with VISA” or “Master card 3D secure”. Actually it is nothing but providing an extra level of authorization to make the process more secure.

As per Reserve Bank of India,

It would be mandatory to put in place with effect from August 01, 2009:

i) A system of providing for additional authentication/validation based on information not visible on the cards for all on-line card not present transactions except IVR transactions (for which separate instructions will follow).

ii) A system of "Online Alerts" to the cardholder for all 'card not present' transactions of the value of Rs. 5,000/ and above.

3. Banks are advised to strictly adhere to the instructions and time discipline indicated in this circular. Non-adherence to the directives shall attract penalties prescribed under the Payment and Settlement Systems Act 2007 (Act 51 of 2007).

Please find the Reserve Bank Notification Here


No the question is, how to register for Verified by VISA or Master card 3D secure code?

It’s very simple to register for this extra level of protection and it is available Free of cost. You need to register your card with the Card issuing Bank on their website. For your convenience, I am putting links of main banks. Just click on the links and register your card. Few of the banks are taking your Internet banking password in place of “Verified by VISA or Master card 3D secure code”, but better to have a check.

* ABN Amro
http://www.abnamro.co.in/consumer/creditcard/secureCode.html?utm_source=mlrccsafe&utm_medium=mlrccsafeabnamro&utm_campaign=mlrccsafejuly

* Andhra Bank
https://cardsecurity.enstage.com/ACSWeb/EnrollWeb/AndhraBank/main/index.jsp?utm_source=mlrccsafe&utm_medium=mlrccsafeandhrabank&utm_campaign=mlrccsafejuly

* Axis Bank
http://www.axisbank.com/personal/cards/platinumcreditcard/CreditCard-Verified-By-Visa.asp?utm_source=mlrccsafe&utm_medium=mlrccsafeaxisbank&utm_campaign=mlrccsafejuly

* Citibank
https://www.citibank.co.in/ssjsps/ssindex.do?utm_source=mlrccsafe&utm_medium=mlrccsafecitibank&utm_campaign=mlrccsafejuly

* Deutsche Bank
https://www.dbindia.in/DeutscheBank/enrollment/newuser.jsp?utm_source=mlrccsafe&utm_medium=mlrccsafedeutschebank&utm_campaign=mlrccsafejuly

* HDFC Bank
http://www.hdfcbank.com/campaign/visa/visa.htm?utm_source=mlrccsafe&utm_medium=mlrccsafehdfcbank&utm_campaign=mlrccsafejuly

* HSBC Bank
http://www.hsbc.co.in/1/2/personal/credit-cards/secure-online-payment-services?utm_source=mlrccsafe&utm_medium=mlrccsafehsbc&utm_campaign=mlrccsafejuly

* ICICI Bank
https://www.3dsecure.icicibank.com/ACSWeb/EnrollWeb/ICICIBank/main/index.jsp?utm_source=mlrccsafe&utm_medium=mlrccsafeicicibank&utm_campaign=mlrccsafejuly

* Karur Vysya Bank
https://cardsecurity.enstage.com/ACSWeb/EnrollWeb/KVB/main/vbv.jsp?utm_source=mlrccsafe&utm_medium=mlrccsafekarurvysya&utm_campaign=mlrccsafejuly

* Kotak Mahindra Bank
http://www.kotakcards.com/kotak/cclive/support.html?utm_source=mlrccsafe&utm_medium=mlrccsafekotakbank&utm_campaign=mlrccsafejuly

* Standard Chartered
http://www.standardchartered.co.in/personal/credit-cards/en/3d_secure.html?utm_source=mlrccsafe&utm_medium=mlrccsafestanchart&utm_campaign=mlrccsafejuly

* State Bank of India
https://secure4.arcot.com/vpas/sbi_vbvisa/enroll/index.jsp?locale=en_US&bankid=6897&utm_source=mlrccsafe&utm_medium=mlrccsafesbi&utm_campaign=mlrccsafejuly

From 1st August 2009 onwards, after entering your credit card details at the time of making payment, you will be redirected to your bank's VBV / Master Card Secure authentication page where you will be prompted to enter the password defined by you at the time of registration. Upon successful authentication, you will be redirected back to the merchant.

So hurry up and register your card before 1st August 2009.