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Added on : 2020-03-09 12:55:43

From March 16 onwards, online and contactless transaction facilities will be disabled on those credit or debit cards that have been never used for such services before. The RBI directive is aimed at increasing the security of card transactions. Additionally, newly issued or reissued cards will only be enabled for use at ATMs and Point of Sale devices within India.

From March 16 onwards, online and contactless transaction facilities will be disabled on those credit or debit cards that have been never used for such services before. The RBI directive is aimed at increasing the security of card transactions. Additionally, newly issued or reissued cards will only be enabled for use at ATMs and Point of Sale devices within India.

Editor & Publisher : Dr Dhimant Purohit

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