Monday, 20 August 2018

How to Apply SBI New EMV Chip Debit Card through Net Banking

How to Apply SBI New EMV Chip Debit Card through Net Banking.

What is EMV chip Card?
Chip card security is the latest standard in debit card security.
This standard (called EMV for “EuroPay,” “MasterCard,” and “Visa”) includes a small microchip in the debit card that protects buyers against fraudulent transactions.

How to Apply SBI New EMV Chip Debit Card through Net Banking:

  • Go to www.onlinesbi.com
  • Select Personal Banking and Login
  • Then click on e-services
  • Next Click on ATM Services
  • Click on Request ATM/Debit Card
  • And Select Your A/C
  • Enter Your Name at Name on Card.
  • Choose type of Debit Card type and click on submit.
  • Then Select OTP/Profile Password.
  • If you select OTP.
  • Receive OTP your Registered Mobile Number and Enter it.
  • If you Select Profile Password , Enter it
  • Then Click on Submit.
  • You Have Successfully Applied.

What is a Magstripe Card?
A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head.
Why EMV over Magstripe?
a. EMV is designed to prevent fraud.
b. Chip cards are really hard to clone.
c. Chip and Pin credit cards have sophisticated encryption.

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