Emv Chip And Pin
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SBI To Deactivate These Debit Cards By December 31. Here's What To Do
The Reserve Bank of India (RBI) had last year directed commercial banks to migrate their customers from Magstripe cards to the EMV chip and PIN-based cards.
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New RBI Order Aimed At Protecting Debit Cards From Cloning
The Reserve Bank of India has ordered banks to migrate all debit and credit cards from the ones with magnetic strips to those that use EMV chips and PINs. This, the central bank says, will secure transactions made with these cards at ATMs and merchant outlets.
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Banks Asked To Upgrade ATMs To Prevent Cloning Of Cards
All new ATMs should necessarily be enabled for EMV Chip and PIN processing from inception.
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RBI to Banks: Only Chip, PIN Based Debit/Credit Cards from September
Some banks have moved to EMV chip and pin cards issuance, but a large number of banks continue to issue magnetic stripe cards.
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RBI for Aadhaar authentication on card-based transactions
In order to ensure security in card-based payment transactions taking place at point of sale (POS) terminals or ATMs, the Reserve Bank of India (RBI) has advised banks that they may adopt Aadhaar as additional authentication or move to EMV (Euro pay MasterCard Visa) chip and pin technology.
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Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
-
SBI To Deactivate These Debit Cards By December 31. Here's What To Do
The Reserve Bank of India (RBI) had last year directed commercial banks to migrate their customers from Magstripe cards to the EMV chip and PIN-based cards.
-
New RBI Order Aimed At Protecting Debit Cards From Cloning
The Reserve Bank of India has ordered banks to migrate all debit and credit cards from the ones with magnetic strips to those that use EMV chips and PINs. This, the central bank says, will secure transactions made with these cards at ATMs and merchant outlets.
-
Banks Asked To Upgrade ATMs To Prevent Cloning Of Cards
All new ATMs should necessarily be enabled for EMV Chip and PIN processing from inception.
-
RBI to Banks: Only Chip, PIN Based Debit/Credit Cards from September
Some banks have moved to EMV chip and pin cards issuance, but a large number of banks continue to issue magnetic stripe cards.
-
RBI for Aadhaar authentication on card-based transactions
In order to ensure security in card-based payment transactions taking place at point of sale (POS) terminals or ATMs, the Reserve Bank of India (RBI) has advised banks that they may adopt Aadhaar as additional authentication or move to EMV (Euro pay MasterCard Visa) chip and pin technology.
-
Adopt Aadhaar authentication for card-based transactions: RBI
In order to ensure security in card- based payment transactions taking place at point of sale (POS) terminals or at ATMs, the Reserve Bank today advised banks that they may adopt Aadhaar as additional authentication or move to EMV chip and pin technology.
