Friday, June 24, 2022

RBI extends card tokenisation deadline till September 30, 2022

Instead, RBI has asked for tokenisation as a safer and more convenient alternative to card storage. Through tokenisation, one’s sensitive card information can be replaced with a non-sensitive uniquely generated code called ‘Token’.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-extends-card-tokenisation-deadline-till-september-30-2022/articleshow/92438528.cms

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