Advertisements
Advertisements
प्रश्न
State three precautions that must be taken while using credit or debit cards.
संक्षेप में उत्तर
उत्तर
Following are the three precautions one should take while using credit/debit cards.
- Signature: Debit/credit cards include a space for the cardholder to sign below the magnetic strip on the back. The cardholder must sign at that location.
- CVV: CVV stands for Card Verification Value. The numeric code on the back of the card authenticates electronic fund transactions. Keep this CVV confidential and do not share it with anyone.
- PIN: PIN stands for Personal Identification Number. This is a numeric password used to authenticate ATM withdrawals and electronic transfers. This PIN must be kept confidential and not shared with anybody.
shaalaa.com
Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
'Rita' was using a plastic card to withdraw money from a machine set up outside the bank.
- Identify the card.
- Write any four precautions that must be taken while using such a card.
Electronic banking is a part of ______ banking.
A customer can withdraw or deposit money with the help of this machine by inserting his/her card and typing his/her personal identity number.
In case of ______ cardholder makes payment after using the card.
What are the cautions to be used while using debit or credit cards?
What is an ATM?
Distinguish between a Debit card and a Credit card.
What is meant by E-banking?
What is a Bank Draft?
Enumerate various types of E-banking facilities.
