Tuesday, 5 April 2016

DCB Bank launches India’s 1st Aadhaar based ATM

DCB Bank has been launched an India’s 1st of its kind Aadhaar-based Automatic Teller Machine usage facility. Currently, this ATM has been placed in pilot site at DCB Bank at Peninsula Bussiness park, Lower Parel, Mumbai.

Key facts:


  • Under this facility, DCB customers can transact using his biometric details instead of the PIN. Thus it is a cardless and PIN less ATM.

  • The ATM will dispense cash from the bank account by the accepting Aadhaar number & Aadhaar fingerprint (biometric) of the customer instead of ATM/Debit Card & PIN.

  • The customer can swipe the card at an ATM and key in the 12 digit Aadhaar number to start a transaction. But at the stage of confirming the identity, it requires biometric details rather than the PIN.

0
Shares

DCB Bank launches India’s 1st Aadhaar based ATM

No comments:

Post a Comment