Starting April 29th, all debit cards in the country, which doesn’t have the EMV chip, will stop working. Hence, non-EMV Chip-based debit cards cannot be used for withdrawing cash now, and literally, they will be useless.
What is the point of this rule? Why has RBI made it mandatory for everyone to have only EMV Chip-based debit cards?
Keep reading to find out more!
RBI...
