• Personal Identification Number (PIN) is a numeric code issued by a payment card that must be entered in order to perform various financial transactions.

  • The main purpose of the Personal Identification Number (PIN) is to provide an additional layer of security for the electronic transaction process.
  • Debit cards are the most common case where individuals need to use a personal identification number (PIN), primarily when withdrawing money from their bank account.
  • Because PINs are used to verify identity, they are also used in many other uses such as home security and mobile phones.
  • It is recommended to choose a Personal Identification Number (PIN) that is longer rather than shorter, difficult to guess, and not associated with personal information such as birthday or social security number.
  • Because it is easy to trade with the card, the use of a personal identification number (PIN) protects against any fraudulent activities.