Axis Bank e-Wallet Card - Making your online shopping more

secure
e-Wallet Card is an electronic card which works like a credit or a debit card for
making secure online payments towards a merchant. It can be created by all
Axis Bank internet banking customers and also no registration is required for
the same.
The main benefit of this card is that the debit/credit card number is not
compromised on an unknown website.
Any customer, who does not have a debit/credit card OR is undertaking an
online transaction on a website whose authenticity/security is not assured
from his perspective, he may be unwilling to share his debit/credit card
number to this relatively new and unsecure website.

Features

While making payments online by using an e-Wallet Card, you don't have to reveal our credit/debit
card number. Therefore there is no risk of your credit/debit card number getting exposed on the online
transaction on the merchant website.
A e-Wallet Card allows you to create a card with limits as per your requirements. Hence, you can
create
a
card
ranging
from
Rs.
10
to
Rs. 50, 000 as per your payment needs.
A e-Wallet Card will be valid for maximum 48 hours from the time of creation. If the card is not used
within this validity period, the card gets blocked and the funds are reversed in your account (the
source account from which the card was created) within 4 working days.
A e-Wallet Card can be used only for a single transaction within the validity period. Once used, the
card gets blocked and cannot be used again. In case you wish to carry out another transaction, you
can create a new e-Wallet Card on Axis Bank Internet banking.
In case you use your E-Wallet Card for a partial amount, the un-utilized amount will be credited back
to your bank account. (The refund would be processed post settlement with Visa.)

Benefits

e-Wallet Cards work for both debit/credit cards whereas E shop cards work only for credit cards.
Has an added security feature in the form of VBV password
If the customer has registered his mobile with his axis internet banking account, then if a transaction
greater than Rs 5,000 is done he would be informed on his registered mobile via sms (2 factor
authentication).

Security

Your E-Wallet Card is created online via 2 factor authentication on Internet banking.
An e-Wallet Card expires in 48 HRS from time of creation if unutilized and the amount is reversed to
your account.
An e-Wallet Card is an online, single transaction card. Once used, this card can't be re-used.
You will be the first and the only person to use the card. The used cards get blocked and are never
re-issued.
e-Wallet Cards have no direct linkage to your debit or credit card.Hence you don't divulge any
physical card information while using e-Wallet Card.

Creating an e-Wallet Card

o
o
o
o
o

Step 1 - Logon to Axis Bank Internet Banking

Step 2 - creating a e-Wallet Card:
visit "cards > e-Wallet Cards" menu
A e-Wallet Card is created using funds from your axis bank account.
Select the source amount from which the funds would be debited
Set the e-Wallet Card limit (minimum Rs 10 and maximum Rs 50,000)
Set a verify by visa (VBV) password
Step 3 - verify your transaction by entering your transaction password and NETSECURE CODE.

Using an e-Wallet Card

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You can use e-Wallet Card at all the websites which accept visa cards as payments options.
During the payment leg. Select credit/debit card as payment option.
Provide e-Wallet Card number and the other details on the payment page
Complete your shopping and go to the payments page on the merchant website
Enter your e-Wallet Card details for completing the payment
Enter the verify by visa(VBV) password to complete the transaction