Under the new provisions, banks and other credit and debit card issuers must ensure that all cardholders are registered under the Verified by Visa or MasterCard 3D-Secure programs. The deadline for cardholder registration was 1 August, a date which also marks the debut of stricter guideline requiring the cardholder to obtain their 3D-Secure passwords in order to carry out transactions with 3D-Secure merchant sites in India. Cardholders can obtain their passwords by registering online with their issuing banks. Consumers will be prompted to provide their 3D-Secure codes to complete any online purchases carried out via their credit or debit cards.
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