{"id":409,"date":"2017-01-26T00:10:06","date_gmt":"2017-01-26T00:10:06","guid":{"rendered":"https:\/\/blogs.scu.edu\/finis\/?p=409"},"modified":"2017-01-26T00:10:06","modified_gmt":"2017-01-26T00:10:06","slug":"india-cash-biometric-payments","status":"publish","type":"post","link":"https:\/\/blogs.scu.edu\/finis\/2017\/01\/26\/india-cash-biometric-payments\/","title":{"rendered":"India Cash Biometric Payments"},"content":{"rendered":"<p><a href=\"http:\/\/money.cnn.com\/2017\/01\/19\/technology\/india-cash-biometric-payments-davos\/index.html\"><span style=\"font-weight: 400\">http:\/\/money.cnn.com\/2017\/01\/19\/technology\/india-cash-biometric-payments-davos\/index.html<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400\">This article reports on how India is planning on switching to biometric payments in the next few years. India has plans to eliminate physical cash and credit cards for their 1.3 billion citizens. <\/span><br \/>\n<span style=\"font-weight: 400\">There are far reaching effects with India\u2019s move to a completely digital payment method. The most concerning with moving towards this system relates to its security, the reliability, and implementation. Even though producing counterfeit bills is relatively difficult, producing counterfeit digital money seem to be much easier with a few clicks. With biometrics, there should be concern with how reliable the system is. If the system is down or doesn\u2019t recognize the biometric identifier, people would not be able to trade, which could bring the Indian economy to a halt. Additionally, the sheer size of the Indian population will make this a very difficult system to implement which affects the upkeep of removing and registering new users. It will be interesting to see if India actually pulls through with this project.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>http:\/\/money.cnn.com\/2017\/01\/19\/technology\/india-cash-biometric-payments-davos\/index.html This article reports on how India is planning on switching to biometric payments in the next few years. India has plans to eliminate physical cash and credit cards for their 1.3 billion citizens. There are far reaching effects with India\u2019s move to a completely digital payment method. The most concerning with moving towards this &hellip; <a href=\"https:\/\/blogs.scu.edu\/finis\/2017\/01\/26\/india-cash-biometric-payments\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">India Cash Biometric Payments<\/span><\/a><\/p>\n","protected":false},"author":1808,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-409","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":2,"qubely_featured_image_url":null,"qubely_author":{"display_name":"lphoa","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/lphoa\/"},"qubely_comment":2,"qubely_category":"<a href=\"https:\/\/blogs.scu.edu\/finis\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","qubely_excerpt":"http:\/\/money.cnn.com\/2017\/01\/19\/technology\/india-cash-biometric-payments-davos\/index.html This article reports on how India is planning on switching to biometric payments in the next few years. India has plans to eliminate physical cash and credit cards for their 1.3 billion citizens. There are far reaching effects with India\u2019s move to a completely digital payment method. The most concerning with moving towards this&hellip;","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1808"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=409"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/409\/revisions"}],"predecessor-version":[{"id":410,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/409\/revisions\/410"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}