To make online payments safer, the Reserve Bank
of India ( RBI ) has made it mandatory,
for all online transactions to have an additional
level of authentication from August 1, 2009
onwards. For Visa/MasterCard credit/debit cards,
the additional level of security is a password
that you will have to enter after providing your
credit/debit card details while making online
You need to register with your issuing bank (i.e. ICICI Bank, HDFC Bank, SBI, HSBC etc) to obtain the Verified By Visa (VBV) / MasterCard SecureCode (MSC) password. If you are not registered with the issuing bank, then your Visa/MasterCard may be declined while making a payment through
our Gateway, from
August 1, 2009.
VBV/MSC is a service that will let you create/use a personal password with your credit/debit card, giving you added assurance that only you can use your card to make purchases over the Internet.
It provides added assurance by authenticating the cardholder while using the Visa/MasterCard to make purchases online.