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Offer contactless card payments only if opted for: RBI to banks

Offer contactless card payments only if opted for: RBI to banks

Thursday, January 16, 2020, 10:17 AM

The Reserve Bank of India (RBI) directed banks to offer the facility to carry out contactless card transactions only to those users who specifically choose to avail it. In a notification on its website, the central bank said the directive is aimed at improving user convenience and increasing the security of card transactions.
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