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18:52 ,

How to activate your Diamond Bank ATM Card for online transaction

In my other post, I wrote about “What you need to know before doing shopping online/doing online transaction with your ATM Card”. In that post, I highlighted a lot of things that will be of interest to anyone going to online transaction with his or her ATM card. I however, went further to discourage those who are not willing take apply extra precaution in carrying out online transaction to desist from engaging in it.

 ATM Cards issued by some banks are not activated for online transaction. You the owner has to activate it before you can be able to use it to shop online successfully. The bad news is that only few people are aware of this and even fewer ones know how to do it. It is on this case that we have decided to make a post on how to do it.

Activating your ATM Card for online transaction is as easy as changing your ATM Card pins…Yeah, you heard that right? That’s how easy it is. Read the below instructions carefully, follow it and you should have your ATM card activated for online transactions under seconds.

Below is a step by step guide on how to activate your Diamond bank visa ATM card for online transaction.

Step 1


First step is to go to any ATM Machine (automated teller machine) around your area that is ‘Visa Enabled’. For the fact that not all ATM Machines are ‘Visa Enabled, I recommend the use of Diamond bank ATM machines only.

Step 2

Insert your ATM Card and enter your normal 4 digit pin number

Step 3

Select ‘Pin Service’

Step 4

Click on iPIN change and enter your preferred 4 digit pin (for security purpose, I suppose you use another different 4 digit pin for this). Note; you will have to re-enter the pin you choose for confirmation.

Step 5

After confirming it and receiving a successful message. Congratulation you have successfully activated your Diamond Visa ATM Card for online transaction. This means you can now shop online using your ATM Card. The 4 digit pin you entered will be the pin you will be using to approve your transaction when you are redirected to a secure payment portal anytime you are shopping online.

I hope that was easy right? ...Cool! Share with your friends. They might have use for it. But always remember, never carryout a transaction that has to do with a lot of money because of unforeseen network failure. Though you will get a refund when network failure affects your transaction but in most cases it takes up to 3 good weeks before you can get a refund. You will have to send several emails to the customer care representatives to remind.

Nevertheless, its still worth it due to its flexibility and convenience.

For those operating with other banks ATM Card. I am sorry I couldn’t put you through. However, I encourage you to go to your bank and ask their customer care agent for information on how to do it, I believe it is going to be very easy.
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18:18 ,


What you need to know before shopping online with you ATM Card


ATM card is plastic card issued by financial institution; it can be used to withdraw your money, transfer, and deposit in some cases…etc from an ATM Machine (Automated Teller Machine). This card is usually issued in conjunction with higher body that is into financial sector like Visa, MasterCard, and Verve…etc.
Over the years, ATM card have been so helpful to us in so many ways. Ranging from giving us easy access to our fund wherever we are; in as much as there’s an ATM Machine within, to making payments with it online. In fact, its importance can never be over emphasized.

Today, we will be looking at the use of ATM Card for online transaction; the good side of it and of course the disadvantages. Things you will have to consider before doing online transaction with your card.
Below are some of the benefits of using your ATM Card for online transaction.

  TIME SAVING

I won’t have forgiven myself if I didn’t put this as the number one importance. You know they say time is precious, time is money, and time is the engine behind so many things. It is in such a way that if you don’t manage it very well, you will have yourself to regret. Now, looking at the above and some other things, you should understand why I gave ‘Time’ number one. Anyway, that’s bygone, let’s go back to the topic.

You know what? I always believe that “Queue” is one thing that can never be eradicated in the banks, no matter the number of staff they employ because people keeps increasing daily and people keeps being in a haste. Banks will always be filled with customers, especially on Mondays and Fridays. Often times, you will hear customers arguing about who came first before the other, some inpatient ones can even go as far as exchanging blows.

Honestly, I give online banking, 100% rating on this one. They really tried. I can’t remember the last time I went to the bank to pay money into someone’s all I do is transfer the money to the persons’ bank account. The only exceptions are in situations where I don’t have the amount of money I want to transfer in my account. And I must tell the experience is something you wouldn’t want to try all the time.

  FASTER
 
I don’t know if anyone has noticed this. But I noticed that sometimes, money I received/transferred using my mobile banking app reflect in the destination bank account way earlier than the bank’s custom Debit or Credit alert SMS. This happens mainly on days when the network signal is poor.

ACCESSIBLE

No doubt, making online transaction is always convenient as well as accessible any minutes of the day, night, etc. you can wake up in the middle of the night to transfer money into someone’s account. Pay for goods and services online, among other things; like buying airtime and the likes.

Despite the interesting benefits of doing online transaction using mobile banking app or your ATM Card (mostly in the case of shopping online). The ‘pasture is not always greener here’ because you will be face with some challenges which are listed below.

1
 POOR NETWORK

I know this is not limited to online transactions only but its importance here can never be juxtaposed, as it is the sole engine that engineers the whole thing on this.

  SECURITY OF YOUR CARD

This is limited in the area of using your ATM Card for online transaction. The use of ATM Card for online transaction is something you must be very careful of, as any single mistake you make by entering your card details in the wrong site, has a great chance of leaving you bankrupt. So it is done with extreme caution.

RECOMMENDATIONS AND SOLUTIONS

I hereby recommend the use of Mobile Banking App if you know you are not sure of the authenticity of the website or the ecommerce site you are shopping on. Only use Mobile Banking App and use it when you have access to strong network. If you must shop online and with ATM Card, do that only from a reputable ecommerce website in other not to leave your bank details at the mercy of scammers.

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