........According to UIDAI officials, biometric authentication will be done using a USB biometric scanner costing R2,000, which will be connected to the card swipe machine at point of sale (PoS) terminals. In fact, the RBI had proposed — though at the pilot project level — double authentication of credit card transactions through Aadhaar as the move would make transactions at ATMs and PoS or merchant terminals more secure. Based on the recommendations of the Gowri Mukherjee-led working group — formed for securing card-present transactions — the RBI said that banks could consider the Aadhaar biometric authentication, along with the MagStripe (magnetic stripe), as an additional factor for authentication for card-present transactions at ATMs and POS terminals............
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