Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

Doing net banking transactions from home is safe because internet service providers are assigning dynamic ips to the system. So whenever you switch off and on the modem the ip will get change based on the DHCP concept. So hackers didn't get much information. We should be careful while downloading anything from internet. If it reliable then only we should download otherwise the risk is in our side. Updating windows is very important because most of the hackers are getting the chance of lack of security patches installed in a Personal computers.

Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

Doing net banking transactions from home is safe because internet service providers are assigning dynamic ips to the system. So whenever you switch off and on the modem the ip will get change based on the DHCP concept. So hackers didn't get much information. We should be careful while downloading anything from internet. If it reliable then only we should download otherwise the risk is in our side. Updating windows is very important because most of the hackers are getting the chance of lack of security patches installed in a Personal computers.[/quote

Many hackers lure the netizens by offering alluring programmes for free. One should not fall prey to these attractions. Another important thing is to install a reliable firewall. It acts like a sentinel and warns you. Don't leave the PC unattended after keying in information while transacting on the web site.

Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

I don't think PNB has made any such rule. I haven't come across any such rule inspite of using their service for quite a long time now. They do encourage their customers to change the passwords regularly but its not mandatory

Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

Doing net banking transactions from home is safe because internet service providers are assigning dynamic ips to the system. So whenever you switch off and on the modem the ip will get change based on the DHCP concept. So hackers didn't get much information. We should be careful while downloading anything from internet. If it reliable then only we should download otherwise the risk is in our side. Updating windows is very important because most of the hackers are getting the chance of lack of security patches installed in a Personal computers.

True, what you said about //dynamic ips to the system// this is what makes our data safe.

Other than the password , most banks also give a OPT , one time password which is supposed to make it safer for customers. After you finish your transaction , you are directed to the banks own site where you need to provide this password, without which you cannot proceed further....

That is a safe alternative. Also for Visa cards, you now need a special password which has been verified by Visa without which the banks cannot proceed with payments. So there are maximum security and safety measures actually being provided to safeguard our interests, provided we don't fall victim to false phishing calls or emails. That is finally, in our own hands.

Yes it is the same for Mastercard as well where you need a secure password to complete the process of payment....However, not all banks have this safety precaution and it is in ones own interest to at least change the password frequently!

Most online transactions do send a OTP to our registered mobile phones, this makes online transaction much easier and safe. However, some banks such as PNB make it mandatory to change their passwords on a regular basis or our account gets locked out.

I don't think PNB has made any such rule. I haven't come across any such rule inspite of using their service for quite a long time now. They do encourage their customers to change the passwords regularly but its not mandatory

Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html

Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html

I always do it as long as I feel safe using them The best strategy is to generate one ti,e password while making a transaction.

Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html

I always do it as long as I feel safe using them The best strategy is to generate one ti,e password while making a transaction.

OTP generation is the safest way..and has become almost mandatory for any online transaction.