Monday, July 29, 2013

Aadhaar or Cards? A Costly Debate

Will banks have to spend a fortune to give customers the choice of either putting their finger prints or swiping plastic cards to withdraw money from ATMs and pay for purchases?  Not really, says the Unique Identification Authority of India (UIDAI), the agency that issues the 12-digit Aadhaar numbers and is pushing for biometric authentication for credit card and ATM transactions. But bankers disagree.................


Read - ET

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