ATM PIN mandatory for purchase using Debit Card




As per RBI guideline from 1st December, 2013, ATM PIN will be mandatory for purchase using debit card. Prime intention here is to make your debit card transaction more secure.

Earlier we use to give debit card at retail outlet and merchant use to swipe the card to complete the transaction but now additional security layer is introduced you need to enter your PIN to complete the transaction.


Purchase using Debit card – New Process

Debit card purchase

After making purchase you need to handover Debit card to merchant.

Step -1 – The merchant will insert the debit card in to PIN enable POS terminal and enter the amount paid by you.

Step -2 – The POS terminal will ask for ATM PIN.

Step -3 – Enter your ATM PIN on POS machine.

Step- 4 – On completion of transaction merchant will handover transaction slip and debit card to you.

Point to Remember:-

  1. Never disclose your PIN to anyone/merchant.
  2. When you are entering PIN make sure no one able to view/guess it.
  3. Change your Debit card PIN at regular interval.
  4. Keep watch on debit card when you handover it for payment.

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Article by Raviraj

Raviraj is the man behind He is graduate in finance, engaged in blogging since 7 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

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