TAMAM SAVING BANK ACCOUNTS NE MOBILE TEMAJ AADHAR CARD SATHE LINK KARVA BANKO NE AADESH.
TAMAM SAVING BANK ACCOUNTS NE MOBILE TEMAJ AADHAR CARD SATHE LINK KARVA BANKO NE AADESH.
In an attempt to encourage the use of Aadhaar, the Reserve Bank of India (RBI) said on Thursday that all the banks should ensure that all new card acceptance infrastructure, deployed with effect from 1 January 2017, are also enabled for processing payment transactions using Aadhaar-based biometric authentication.
In 2013, the RBI had advised banks that card infrastructure has to be enabled for both EMV Chip (chip-enabled card acceptance) and PIN (personal identification number) and Aadhaar acceptance. This decision came after the recommendation of a working group established by the central bank, favouring Aadhaar as an effective alternative for additional factor of authentication for domestic transactions, subject to fulfilment of certain conditions.
This move comes after a substantial increase in the number of 12-digit unique identification number holders in the country. Aadhaar card has emerged as probably the world’s largest biometric identification programmes with the Unique Identification Authority of India (UIDAI) issuing nearly 1.05 billion cards. The project was created in order to provide every resident of India with a unique identification number that can be used to access a variety of services and benefits.
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