This is super old new 2014 article. One of the biggest problems in India is most of the people are not well educated on differences of credit card vs debit cards. Also there is little to no fraud projection offered to the customers and that's why government is enforcing two factor authentication. If anything happens and you loose money from bank account due to debit card transaction bank will provide you no help what so ever. Its almost like you lost all the money.
thewhitetulip|4 years ago
So yes circular is old but it's being implemented on 1st oct..