PID in Banking Meaning

The PID meaning in Banking terms is "Personal Identification Number". There are 1 related meanings of the PID Banking abbreviation.

PID on Banking Full Forms

  1. Personal Identification Number A personal identification number is a numeric password shared between a user and a system that can be used to authenticate the user to the system. Typically, the user is required to provide a non-confidential user identifier or token (the user ID) and a confidential PIN to gain access to the system. Upon receiving the user ID and PIN, the system looks up the PIN based upon the user ID and compares the looked-up PIN with the received PIN. The user is granted access only when the number entered matches with the number stored in the system.

Frequently Asked Questions (FAQ)

  1. What does PID stand for Banking?

    PID stands for Personal Identification Number in Banking terms.

  2. What is the shortened form of Personal Identification Number in Banking?

    The short form of "Personal Identification Number" is PID for Banking.

Citation

PID in Banking. Acronym24.com. (2022, March 10). Retrieved April 28, 2024 from https://acronym24.com/pid-meaning-in-banking/

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