Customer can make online shopping without giving credit/ debit card details
By Ankit Sharma
Sep 15, 2014
Print    Email    RSS   

No longer the customer needs to produce credit card details or online banking password for making purchase at online retail store. It has been reported that Electronic payment and transaction processing solutions provider Euronet will now offer the customers with a digital code, through this code the customers will easily make their purchase without the need of revealing any debit or credit card details.

The customer can buy a digital code online or in the retail market across the counter and there is an SMS or the physical card which they will use while purchasing. Similar to a gift card, customers can procure a digital code for a particular denomination amount from the bank’s Web site. This code will be sent as an SMS or email. Within a period of 3- 6 days the code can be used.

This will help to reduce the online banking scams. To make this initiative a complete success Euronet is trying to tie up with more banks and online retail stores.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Travel Credit Cards in India: A Comparison
Lost Your Credit Card? Here’s What You...
Handle your credit card with care
Kisan Credit Card: Allowing easy credit...
Effect of employment on loan eligibility...

Good Morning, i forgot my FCMB Account Number and...
Radhey@09646870399 @Escoℛts In#Chandigarh...
Radhey@09646870399 @Escoℛt In#Chandigarh...

91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive