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MUMBAI: Starting this month, the Reserve Bank of India (RBI) has introduced stricter rules for digital payments like UPI, cards, mobile wallets to reduce fraud. Till now, you could complete a transaction using just one time password i.e OTP but now you will need an additional step like entering a PIN or password or using fingerprint or face scan. The new system will also use something called risk-based checks. This means not every transaction will be treated the same way. According to Shams Ta ...Read More >
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