RBI Allows Card Issuers to Tokenise Cards on File With Payment Aggregators and Merchants
RBI allows card networks to tokenise cards on file (CoF) with payment aggregators, merchants.
RBI allows card issuers to tokenise cards on file with payment aggregators & merchants; payment aggregators, merchants not permitted to store customer card details after December; no requirement to input card details for every transaction under the tokenisation arrangement.
RBI allows card issuers to tokenise cards on file with payment aggregators & merchants; payment aggregators, merchants not permitted to store customer card details after December; no requirement to input card details for every transaction under the tokenisation arrangement pic.twitter.com/R0s6U7rXGA
— ANI (@ANI) September 7, 2021
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(The above story first appeared on LatestLY on Sep 07, 2021 09:08 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
