Reserve Bank of India (RBI) has previously vide circular dated May 14, 2015 relaxed the requirement for Additional Factor of Authentication (AFA) for card transactions in contactless mode for values up to ₹ 2,000/- per transaction at Points of Sale (PoS) terminals. RBI has announced in the Statement on Developmental and Regulatory Policies dated December 4, 2020 that per transaction limit for AFA relaxation for contactless card transactions will be increased to ₹ 5,000/-.
Goa Govt Mandates PAN for All Registrations and Licenses
Goa makes PAN mandatory for all government-issued licenses, registrations, and permissions. Compliance and system integration required within 6 months