Why is there a digit number on the Debit Card

Debit card has made banking services much easier for the common man.Now you do not have to carry cash to buy any goods or make any payments.

Swipe the card to complete your payment.

A debit card linked to your bank account guarantees you 24X7 payments.It is enough to have money in your bank account for payment.

This card contains a wide range of information for security and convenience in the payment process.This is what you need to know.

For example you need to know exactly what company your card is issued by, what is the 16 digit number on your card, what is CVV, etc.When you make online payments these numbers will tell you which network company issued this card from.In addition these numbers give information about your bank account.

Apart from this the security of your card is also ensured with the help of these numbers.No person can spend anything through your card even if the card is lostWhat do these 16 digits on the card mean? Any debit card will have a 16 digit code written on the front.You will also need to fill in this number when making an online payment with a debit card.

The first 6 digits of this card are Bank Identification Number.The next 10 digits are called the cardholders unique account number.

The global hologram on your debit / ATM card is also a security hologram which is very difficult to copy.This hologram is 3D.The expiration date will also be on the card.So that after this date you may know that you can not use it for payment.

Learn more about what this 16 digit number printed on your card means.The first digit of the 16 digit code indicates the company that issued the card.

This is called the ‘Major Industry Identifier’ (MII).This is different for different industries.1 - ISO or Other Industries 2 - Airlines 3 - Airlines, Other Industries 4 - Travel, Entertainment 5 - Banking, Finance (Visa) 6 - Banking, Finance (MasterCard) 7 - Banking, Merchandising 8 - Petroleum 9 - Telecom, Other Industries debit card,what is debit card,cvv number,atm card,16 digit number,debit card information,what is debit card statement,16 digit number on atm card,16 digit account number,atm card number,16 digit number meaning on atm card,what is debit card number,debit card number,16 digit number meaning,facts about debit card,debit card fact#DebitCard #16DigitNumber #DebitCardFacts #AtmCard Pid:1882214 Please Subscribe To TeluguVisheshalu Channel ? for More Daily Videos.& Click on Bell ? Channel:Telugu Vishesalu .