Sunday, August 5, 2018

TO COMPLETE THE ATM TRANSACTION, YOU HAVE TO TYPE OTP AFTER THE SUCCESSFUL BIOMETRIC AUTHENTICATION !!!

"With effect from 1st January 2019, the Indian
Government must make it a rule that to open
any type of account in any bank,
PAN Card Number is MANDATORY.
Even, to withdraw cash from any ATM machine,
AADHAAR Card linking and a Mobile phone
number registration to the respective bank
account is also OBLIGATORY.
Each and every ATM machine will have a biometric
device where you have to give your fingerprint after
swiping your ATM Card and typing the 4 digit ATM
PIN Number, as the frauds in
ATM Machines are on the RISE.
The ATM transaction is not over yet, as after giving
your fingerprint on the biometric device, an
One Time Password (OTP) will be sent to your registered mobile
number, which will be valid for 180 seconds only; just type the 6 digit
OTP and take the cash from ATM Machine without any SURPRISE.
If your Mobile Number is not linked with UIDAI server,
then even after entering your Mobile number in any
Bank's Customer ID or CIF, the Mobile registration
will remain as 'Failed' STATUS.
The owner name of the SIM Card and the account
holder name of any bank account must be the same
to allow the mobile registration
to get a final 'PASS'.
For monitoring each and every ATM machines within
1 Kilometre radius of the respective Police Station,
two Cops will always
keep strict VIGILANCE.
An ATM Alarm System through wire or wireless will be there
in each and every bank, and the alarm will ring
whenever there is a failed transaction in their ATM Machine
nearby, to keep a proper SURVEILLANCE.
Therefore, to complete any ATM transaction, not only
ATM PIN number,
but, OTP is also required after
the successful biometric AUTHENTICATION.
In this modern era of digitization, 'Information Technology
and Network Security' (ITNS) will become a very important subject
to indirectly secure the ATM Machines and CBS
Software of all the Banks of India NATION."- Arindam Sain

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