What is cnp channel in sbi?
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Answer # 1 #
1) POS means point of sale, the transactions which are done by retail merchants by swiping the card at petrol pumps, shops etc. ATM Channel: If you disable the ATM channel then you can no longer withdraw money from ATM machines using your card. CNP Channel : It stands for "Card not present transaction". You can also enable or disable POS Channel and CNP Channels for your SBI. By default all channels are active but if you want to deactivate any channel then. You can disable/enable ATM, POS, CNP channels.