..........one strong proposal, though still at a pilot project level, is double authentication of card transactions through Aadhaar. It means that, along with swiping the card, the Aadhaar biometric authentication – either through an Iris scan (scanning of eyes) or a fingerprint – will also be required for both at ATMs and PoS terminals. So, stolen cards will be useless as transactions won’t be possible without a fingerprint or Iris scan. The pilot project will start in Delhi from November 15...............
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