Release of Aadhaar-enabled PoS terminals and ATMs to be delayed again

On 29th September 2016, the Reserve Bank of India circulated a memo stating Aadhaar-enabled points-of-sale (PoS) terminals as well as ATMs were to be compulsorily installed around the country by January 2017. But, because of the slow rate of the necessary infrastructure’s deployment, the deadline was extended till June 30th, 2017. However, with hardly two months to go, industry experts have stated that the capacity to produce such elaborate machines falls short of its demand. They now...

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