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In India, the Reserve Bank of India mandated two-factor authentication for all online transactions made using a debit or credit card using either a password or a one-time password sent over SMS. This requirement was removed in 2016 for transactions up to ₹2,000 after opting-in with the issuing bank. [ 23 ]
There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...
Standard Chartered PLC is a British multinational bank with operations in consumer, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East .
Standard Chartered Bank Bangladesh has recently, as of January 2014 eased the procedure of getting International Credit Card and have come into competition by providing Visa and Master cards. While private banks like Dutch Bangla Bank Limited and BRAC Bank Limited have booths all over the country, the bank is holding limited space here though ...
Stamped circuit board. A stamped circuit board ( SCB) is used to mechanically support and electrically connect electronic components using conductive pathways, tracks or traces etched from copper sheets laminated onto a non-conductive substrate. This technology is used for small circuits, for instance in the production of LEDs.
The Payment Card Industry Data Security Standard ( PCI DSS) is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit ...
v. t. e. Mobile payment, also referred to as mobile money, mobile money transferand mobile wallet, is any of various paymentprocessing services operated under financial regulationsand performed from or via a mobile device. Instead of paying with cash, cheque, or credit card, a consumer can use a payment appon a mobile device to pay for a wide ...
Standing order (banking) A standing order (or a standing instruction) is an instruction a bank account holder ("the payer") gives to their bank to pay a set amount at regular intervals to another's ("the payee's") account. The instruction is sometimes known as a banker's order . They are typically used to pay rent, mortgage or any other fixed ...