Day: January 19, 2019

India Post Payments Bank changes validation norms for QR card transactions

Following the Supreme Court’s September 26, 2018 verdict on use of Aadhaar cards, India Post Payments Bank (IPPB) has changed the process for validation of transactions made through QR cards and incorporated one-time password (OTP) for verification and officially valid documents (OVD) validation instead of biometric authentication. Earlier, the transactions