WTF DID I JUST READ? Aadhaar now mandatory for retail credit card transactions?

[Sushubh]

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.

Now Aadhaar link mandatory for card transactions at merchant locations

 

[uumeshh]

:no: :Shoot:

 

[mhsabir]

Oh no.. (Runs out to get Aadhaar card made)
I dont think they will be able to get it implemented....What about foreigners wanting to use their international cards here - Do they need to get their Aadhar card made first

 

[uumeshh]

lol... I like your witty comments..

 

[Sushubh]

RBI has gone full retard following their boss' orders.

 

[DNA_Uncut]

ATMs 'll be more crowded. I always prefer paying in cash even at petrol bunks. My cc is used only for online transactions ...

 

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[ashish]

https://broadband.forum/topic/26173-unique-identification-authority-of-india-aadhaar/page-94#entry726924

 

[Sushubh]

Deserved its own thread
BTW. Aadhaar Card has magnetic chip?

 

[Jignesh]

Deserved its own thread
BTW. Aadhaar Card has magnetic chip?

nope. its just a plain card

 

[dextermorgan]

Nope. Aadhar doesnt have magnetic chip.