tokenization

The central bank has mandated previously to tokenise all credit and debit card data used in online, point-of-sale, and in-app transactions by July. However a three month extension was given by RBI which took the deadline to September 30. …

RBI has extended the timeline for storing of CoF data by 6 months. In regards of the card tokenisation deadline put in place by the regulator bank Reserve Bank of India for December 31, 2021, the regulator has now revised the deadline,…

Amazon, Uber, Swiggy & Others Banned From Storing Card Details, Only Tokens Allowed: How Will It Work? (Tokenization Guide) Indian digital payments ecosystem is witnessing a huge overhaul in recent years. UPI payments are increasing…

No Debit, Credit Card Needed For Online Payments From This Date: You Need Only 'Tokens' Online shopping becomes more easy and reliable as now you can pay on various e-commerce platforms without using your credit card or debit…

Visa Launched Cardless, Token-Based Payment For MakeMyTrip, Grofers; Cards Not Needed Now?  In line with the recently issued RBI guidelines, digital payments provider, Visa has launched its Card-on-File (CoF) tokenization services in…

credit/debit card payments Soon, online payment using credit, debit cards will be much safer as your card details will no more be saved on merchant sites like Amazon, Flipkart from January 2022. So there will be no fear of data theft…

Google Pay Introduces Tokenised Debit/Credit Cards For More Safety On the 5th edition of the Google For India event, Google made an announcement for many new features. One of them is tokenized cards. Now Google Pay users can add…