2. Cardholders must request the issuing financial institution to allow services like on-line transactions and contactless transactions.
3. If a buyer wants to make use of his playing cards in worldwide locations, he must request the financial institution to allow worldwide transactions.
4. In case a card has not been used for on-line transaction, worldwide transactions and contactless transactions earlier than, the financial institution has an choice to disable these choices.
5. Banks may have the correct to deactivate present playing cards and reissue them based mostly on threat notion.
(Content material on this web page is courtesy Centre for Funding Training and Studying (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)
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