Bankers say early 155 million cards went out of the market because of the EMV migration from magnetic-strip to chip-based cards, weeded out dormant accounts and inactive cards. The RBI has mandated that all banks have to make this switch as EMV-chip based cards are deemed more secure.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2EJzZzN
