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Using your Credit Card at Foreign Sites? Get an EMV Chip-based Card

RBI has introduced new regulations on Feb 28, 2013 that mandate changes to all credit and debit cards issued by Indian banks. All these are applicable from Jun 30, 2013.

All new credit and debit cards will only be valid in India, except if you specifically ask for international use. This is a no-brainer and I expect everyone to check the option. All international cards can only be “EMV” Chip and Pin enabled . . .

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