Saturday, November 27, 2021
Home > Finance News > RBI may soon want you to memorise your 16-digit card number – ​New payment norms likely from Jan 22

RBI may soon want you to memorise your 16-digit card number – ​New payment norms likely from Jan 22



The new norms would make it mandatory for customers to enter all their card details – name, 16-digit card number and expiry date, and CVV – every time they make an online payment. Right now, you only need to authenticate transactions through your CVV (card verification value) and OTP (one-time password (OTP).



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