PIN Full Form

PIN full form is Personal Identification Number. It is a secure numeric or alphanumeric code that is used to provide authenticated access to any system. The main purpose of PIN includes providing an additional security layer. The PIN works as a verification check for users who are using networks and systems which includes ATM or POS transactions, mobile phones,  secure access of computers, doors, and also in Internet transactions.

What is the Full Form of PIN?

As mentioned above the full form of PIN is Personal Identification Number. The PIN is a secure number generated by a user and is used to access a system or network. The numeric code or PIN is mandated to complete any type of transaction. The PIN is used for accessing various networks & systems like mobile phones, computers, laptops,s and much more. The most popular use of PIN is done while cash withdrawal and online transactions which includes debit card, credit card and other online mode of payment. The PIN also provides security if your card is lost because PIN is required for making withdrawals or any transactions.

PIN Characteristic 

Any time a card is used for banking or transaction purposes a PIN is required to complete the process as they provide an extra security layer to users while accessing systems or transactions. The PIN is mostly in the form of numbers which are used in multiple devices such as mobile phones, home security, laptops, computers, and more.  

What are the Different Types of PINs?

There are multiple types of PINs that are used for different purposes. Below mentioned are the different types of PINs

1. ATMPIN

An ATM PIN consists of a unique digit code that is used to access an ATM machine in order to withdraw, check balance, or transfer money.

2. DebitCardPIN

It also includes a unique digit code that is used while making Debit Card transactions. Debit cards are used in ATM machines.

3. CreditCardPIN

A credit card is used for transactions while shopping, etc and to complete the transaction a user has to enter the Credit Card PIN

4. PhonePIN

A Phone PIN is used to access the mobile phone the main purpose of a phone PIN is to protect the personal information saved in the device

5. SIM Card PIN

The SIM Card PIN also consists of a unique digit code which is set by a user to protect the SIM card from getting used by an unknown user. Setting up a SIM card PIN prevents others from calling or using data.   

When PIN is Created?

The PIN is generally created or set up by the user while activating their account or Card. It is always the first step and mandate before using them. It is always recommended to set up a strong PIN and should not be shared with others. Every user should change their PIN on a regular basis or once in 3 months. If the card is lost immediately block the card to prevent getting misused 

What are the Advantages of PIN?

It adds an extra layer of security as the PIN helps in providing privacy-safe transactions and prevents unauthorized access. If your cards are lost no other user can access them as they require PIN for doing any type of transactions. The PIN also provides access to multiple hardware & network.

How the PIN Works?

When any user while doing any type of transaction enters the PIN to complete the transaction process, prior while creating PIN it gets automatically recorded in the database of the system, and while accessing it verifies both entered data and recorded data and if both match the transaction process gets successfully completed. 

What are the Security Tips Related to PINs?

Everyone should follow the following tips to ensure the security of the PIN

1. Create or setup a strong PIN

While creating the new PIN every user should avoid easily guessed PINs such as DOB or your birth year. The PIN should be unique.

2. Dont share the PIN

The most important thing is never to share your PIN digit with anyone not even your family members. The PIN should be kept confidential.

3. Change Pin on a regular basis

It is always recommended to change your PIN on a regular basis to keep your account secure.

4. Don’t write PINs

Most people do this mistake as they write their PINs on paper or in the notes section on their phones but that's dangerous and may lead to unauthorized use. Therefore always memorize the digits of the PIN

5. Don’t use the same PIN everywhere

Some users create the same PIN for every account to memorize them easily but it's a wrong practice. You should always create different PINs for each account or card 

6. Hide PIN while entering

While entering the PIN during the transaction don't let anyone or your nearby person see the PIN. While entering keep your hand over the number pad which can prevent leaking of your PIN.

7. Don’t set up the same pin

While setting up a new PIN make sure you don't enter the previous or used PIN, every time PIN should be changed  

Written By

Deepit Mathur