A credit card PIN (Personal Identification Number) is a four-digit code which is required to verify the identity of the credit card holder. Entering the credit card PIN is mandatory (except in the case of contactless credit cards) to complete a transaction. A credit card PIN ensures a safe and secure transaction. When you enter your card’s PIN, the payment system automatically matches it with your user ID before completing the transaction. This is how financial institutions ensure that every transaction carried through your card is authorised by you only.
Customers can generate a credit card PIN through various methods, such as from an ATM, internet banking account, mobile app, bank’s website, email, etc.
When you get your new credit card, you will receive a welcome kit from the credit card issuer. This kit contains a confidential document including your PIN. This PIN can be used for initial transactions, but you will have to change your PIN at the earliest.
The steps of generating a credit card through different online methods are explained below in detail:
The steps of generating a credit card through different offline methods are explained below in detail:
Credit card issuers provide the cardholders with the PIN for their credit card in the welcome kit. However, card providers insist customers on changing their PIN by going to an ATM once they receive the kit. The PIN set by the customer must be kept confidential under all circumstances.
You can change your credit card PIN through your net banking account or from an ATM. The processes for both are explained below:
While generating or changing your credit card PIN, you must keep into consideration the following things:
You can generate your credit card PIN through various methods, such as Internet banking, the lender’s official website/mobile app, email, ATM, or visiting the bank branch.
Yes, you can generate a credit card PIN online using the lender’s mobile app, ATM service or contacting at the issuer’s contact centre.
The fastest methods to generate a credit card PIN are through net banking or credit card provider’s mobile app.