Tag Archives: rbi ecommerce guidelines

One Time Password (OTP) For IVR Mobile Payment – mCommerce

Starting tomorrow you will need to take the hassle of generating an extra security key for your IVR based transactions paid through your card. RBI’s measure for security issues and risk mitigation related to Card Not Present transactions (CNP) which was … Read More »

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35% of Transactions Were Electronic in 2009-10 [RBI’s Annual Report]

35% of Transactions Were Electronic in 2009-10 [RBI’s Annual Report]

RBI has released its annual report for the year 2009-10. According to the report a total of 35% transactions were done electronically, that includes cards, RTGS, NEFT etc. Since the electronic transactions are mostly high value ones, this contributed to … Read More »

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Ecommerce Industry Braces for Change – Online Transaction Made Difficult [More Secure]

Ecommerce Industry Braces for Change – Online Transaction Made Difficult [More Secure]

Ecommerce Industry is bracing for a change – now you will not be able to use your debit/credit card online UNLESS you register with your bank. RBI has issued guidelines making it mandatory for all online transactions to have an … Read More »

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