You don’t have to memorise lengthy credit card numbers anymore

MUMBAI (CU)_Every year, people across the global lose billions of dollars as a result of credit card fraud and identity theft. This has become particularly widespread over the past year, as digital transactions became increasingly popular amid the COVID-19 pandemic. In order to tackle this situation, the Reserve Bank of India (RBI) has decided to enhance its guidelines non-cash transactions, with the aim of ensuring that the consumers are least susceptible to frauds, while simplifying the process and saving time.

When completing a transaction online, the merchant would give…

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