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December 12, 2013
 

RBI mandated banks that all new cards must be enabled for both EMV chip and … – Business Standard (blog)


Business Standard (blog)

RBI mandated banks that all new cards must be enabled for both EMV chip and
Business Standard (blog)
Banks will approach the Reserve Bank of India for more time to introduce Aadhaar biometric validation as an additional measure of authentication for card transactions. RBI, on November 26, had told banks that all new cards must be enabled for both EMV 



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