W.E.F. 01-01-2017 Aadhaar Based Authentication for Debit/creditCards Transactions

W.E.F. 01-01-2017 Aadhaar Based Authentication for Debit/creditCards Transactions

W.E.F. 01-01-2017 Aadhaar Based Authentication for Debit/Credit Cards Transactions RBI/2016-17/70 DPSS.CO.PD No.892/02.14.003/2016-17 September 29, 2016 A reference is invited to our circular dated November 26, 2013 on Security and Risk Mitigation Measures for Card Present Transactions wherein the banks were advised that all new card present infrastructure … Continue Reading →
Discontinuation of Practice of making manual debits on physical copy of Advance Authorizations

Discontinuation of Practice of making manual debits on physical copy of Advance Authorizations

Discontinuation of Practice of making manual debits on physical copy of Advance Authorizations registered at EDI Customs port CBEC INSTRUCTION F.No.605/30/2015-DBK dated the 28th September, 2016 It was brought to Board’s notice that even for Advance Authorizations registered electronically at EDI Customs location i.e. where … Continue Reading →