As per Reserve Bank of India (RBI) guidelines, from 1 December 2013, all debit card transactions at retail outlets will need to be validated using the existing ATM PIN. The move was introduced to reduce the incidence of frauds in payment systems.
Now every time you swipe your card at a merchant outlet, you will have to enter the personal identification number (PIN) that you use at an automated teller machine (ATM).
Here's how your Debit Card with PIN works
➡Step 1. The merchant swipes/inserts your Debit Card into a Point Of Sale (POS) machine.
➡Step 2. The merchant then enters the transaction amount.
➡Step 3. The POS machine prompts for a PIN to be entered by you.
➡Step 4. You enter your Debit Card ATM PIN in the POS machine to complete the transaction.
Safety tips to keep in mind while transacting using your Debit Card
✔Never share your Debit Card ATM PIN with anyone, including the merchant.
✔You should always insist on entering the PIN yourself.
✔Use your hand or body to shield your PIN from onlookers while you are entering the PIN.
✔Keep your Debit Card in sight during any transaction, especially at restaurants and fuel stations.
✔Remember to take your Debit Card back when the transaction is complete and ensure that it is your Debit Card only
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