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प्रश्न
State three precautions that must be taken while using credit or debit cards.
थोडक्यात 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.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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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.
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.
What is an ATM?
State any two precautions while using an 'ATM'.
What is a credit card?
What is a debit card?
What is meant by E-banking?
Explain the meaning of SMS alert.
What is a Bank Draft?
Enumerate various types of E-banking facilities.
