The Reserve Bank of India (RBI) has implemented a new rule that requires all newly issued debit and credit cards to have online transactions disabled by default. This means that you can only use your new card at ATMs or POS machines. If you want to use your card for online shopping, you’ll need to enable online transactions in the settings. This rule was put in place to protect cardholders from online fraud. With the rise of online scams, the RBI decided to take this step to make sure your money is safe. To enable online transactions, you can do it yourself through your bank’s app or online banking platform. You can also contact your bank directly. You can also enable international transactions and set your card’s spending limit through these channels. Without enabling these settings, you won’t be able to use your card for online services or make international transactions. This rule is a good step by the RBI to protect you from online fraud and keep your money secure.
