Contactless Card Payment
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No Need For Credit, Debit Cards As Firm Offers Payment Microchip
Walletmor has so far sold more than 500 of these microchips. The company says it is perfectly safe and has all the regulatory approvals.
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No PIN Requirement for Contactless Card Payment Up To Rs 2,000
In recent past, RBI had received requests for waiver of requirement of the additional factor of authentication (AFA) so as to foster innovative payment products/processes as also enhance the convenience factor in certain types of card transactions.
-
No Need For Credit, Debit Cards As Firm Offers Payment Microchip
Walletmor has so far sold more than 500 of these microchips. The company says it is perfectly safe and has all the regulatory approvals.
-
No PIN Requirement for Contactless Card Payment Up To Rs 2,000
In recent past, RBI had received requests for waiver of requirement of the additional factor of authentication (AFA) so as to foster innovative payment products/processes as also enhance the convenience factor in certain types of card transactions.
