A debit transaction requires the pin while credit does not. The bank charges different rates for debit and credit. The store wants you to use debit because it costs them less, the bank wants you to use credit because they can charge more for the transaction.

Do you need your PIN number to order online?

Never ever give your PIN number to any online website. Your banker will only ask pin number, when you activate your netbanking using debit card credentials or any other activation on your banks netbanking website to authenticate the customer. Though, they will ask only last four digits of card and expiry date only.

What does it mean when it says enter 4 digit PIN?

Your Personal Identification Number (PIN) is a 4-digit number combination known only to you, and allows you to access your account information using our Automated Telephone Banking system. You may choose any 4-digit PIN number when using Telephone Banking for the first time.

What if someone saw my PIN number?

yes, If somebody know the 16 digit debit card number, CVV and PIN number of yours, money can be taken out without the ATM card. The money can not be taken out in hard cash but can be transferred to third party’s account and can be use for online purchase of goods.

What if I forgot my PIN for my debit card?

Request a PIN reminder You’ll need to make the request either on the bank’s website or via its banking app, and have the long number across your debit card to hand. If you prefer, you could call your bank’s customer services department for a PIN reminder instead.

How do I find my PIN for my debit card?

If you are at the ATM and realise “I forgot my ATM Card PIN number” after putting your card inside the machine, do not worry. Choose Forgot PIN or Regenerate ATM PIN option on the menu. You would be redirected to a screen to enter your registered mobile number, which triggers an OTP to that number.