Verified By Visa Password IDBI

What do you mean by Verified By Visa Password service in IDBI bank reference will you plz let me know about the same here , so will you plz tell me for the same ??

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

As you want I am telling Verified by Visa is a new service that will let you use a personal password with your IDBI Bank Visa card, giving you added assurance that only you can use your IDBI Bank Visa card to make purchases over the Internet.

Verified by Visa provides you with a password to protect your online transactions, just like you use your PIN at an ATM.

Here are the steps:

Select the goods or services you want from a Verified by Visa online store and proceed to the payment page.

Enter your IDBI Bank Visa Card number and the online store will connect with IDBI Bank to check whether your Card is secured with Verified by Visa.

IDBI Bank initiates a Verified by Visa pop-up window on your computer screen that includes your Personal Assurance Message.

Look for and confirm your Personal Assurance Message, then enter your password. IDBI Bank will then confirm your identity to the merchant.

Your payment is authorized and your order is placed. It's that simple!

Bank profile :
Type Government-owned bank
Traded as BSE: 500116
NSE: IDBI
Industry Banking, Financial services
Predecessor IDBI
Founded 1 July 1964, 52 years ago
Headquarters Mumbai India
Key people Mahesh Kumar Jain(Managing Director & CEO)
Products consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan
Revenue 28,043.10 crore (US$4.4 billion) (2016)
Operating income 5,370 crore (US$840 million) (2016)
Net income -3,664.80 crore (US$−570 million) (2016)
Total assets 374,372.12 crore (US$58 billion) (2016)
Number of employees 17,570 (March 2016)
Capital ratio 11.76% (2016)

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Answered By StudyChaCha Member