-The Hindu Business Line Eleven reasons why the Aadhaar is not just non-smart but also insecure Aadhaar is insecure because it is based on biometrics. Biometrics is surveillance technology, a necessity for any State. However, surveillance is much like salt in cooking: essential in tiny quantities, but counterproductive even if slightly in excess. Biometrics should be used for targeted surveillance, but this technology should not be used in e-governance for the following...
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Note ban effect: Debit Cards preferred over credit cards, account for 60% of card spend -Mayur Shetty
-The Times of India MUMBAI: Debit Cards have conclusively displaced credit cards as the primary mode of payment in the country following demonetisation. Until October last year, despite outnumbering credit cards by a factor of more than 25, Debit Cards accounted for only 42% of the total card spend. This has jumped to 60% after demonetisation, which was announced on November 8, 2016. The change is largely driven by small public sector...
More »Bumps in Gujarat's PDS highway -Vimukt Dave
-Business Standard System in place for Aadhaar-linked payment through state but shopkeepers and consumers yet to cheer Ahmedabad: When young housewife Sarojben Rabari comes to buy rice from the Public Distribution System (PDS) shop in Ramnagar, on the northern fringes here, the shopkeeper asks her to pay by using her Aadhaar card. The woman refuses – she has neither an Aadhaar card or a bank account. She wishes to pay in cash;...
More »In a Jharkhand village, Adivasis have received bank cards - but not the education to read them -Anumeha Yadav
-Scroll.in The Paharia Adivasi community says they are cheated in their banking transactions and don't know what to do with the Debit Cards. Just days after the Central government’s demonetisation announcement on November 8 kicked off a major push for digital payments, Kusheshwar Paharia, a resident of Nathgoda village in Jharkhand’s Godda district, received a thick packet in the mail. It contained a letter from the State Bank of India, with which he...
More »Demonetisation brings digital dividend to Kerala, 14,500 ration shops to get e PoS machines -M Sarita Varma
-The Financial Express Thiruvananthapuram: Ration shops in Kerala are readying to go the ATM way soon. As many as 14,500 ration retail shops in Kerala will soon be equipped with electronic point of sale (ePoS) machines, which would work as micro-ATMs. The Kerala State IT Mission has been asked to hasten a connectivity survey in rural areas to ensure uninterrupted internet connection, before introducing micro-ATM facility at all fair-price shops. Although the...
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