The Reserve bank of India has now made it mandatory for the Credit/Debit card Holders to link their Aadhaar Card to their Cards.
“The Reserve Bank of India has made it mandatory for banks to implement Aadhaar authentication for card transactions at merchant locations.
The central bank said “all new card’s present infrastructure” has to be enabled for recent security measures, including an embedded EMV chip and a mandatory PIN, besides Aadhaar validation at point of sale (PoS) terminals.
Aadhaar is currently used by banks to establish identity while opening bank accounts, which can then be used to make sur ..
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http://economictimes.indiatimes.com/articleshow/26434025.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
http://economictimes.indiatimes.com/articleshow/26434025.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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