The banking has taken a considerable place in the day to day life of a common man

HYDERABAD, India - Dec. 13, 2013 - PRLog -- Debit card shopping will now become extra secure as the shopper will have to enter ATM pin while indulging into shopping. The credit card and debit card shopping have received good acceptance from last decade. The shoppers refrain from carrying cash along with them as it creates unnecessary weight in the wallet and may also create issues like theft or robbery.
The shopping with card may include credit card shopping as well as debit card shopping. The credit card shopping may require payment to be made later when the bill is raised by the credit card provider. In case of debit card shopping, the payment is transferred immediately from the shopper’s bank account to the retailer’s account. The debit card is preferred by many shoppers as they don’t end up spending more that they can afford. The credit card many times offers a wrong picture to the shopper about his buying capacity and the reality encounters only when the shopper gets a .large credit card bill.
The main problem with debit card shopping is that if the debit card is lost then there are chances of misuse and the debit card holder would not be able to control the damage as well. This has now been controlled by RBI with a fresh directive that states that debit card shopping will be completed only after the shopper enters the ATM pin into the swipe machine. This will offer extra security to the debit card holders as nobody would be able to misuse it for shopping.
The shoppers may therefore keep their ATM pin ready while indulging into debit card shopping. At the same time make sure that you don’t note your ATM pin anywhere on the card as it will become susceptible for fraud.

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