Card tokenisation

The Reserve Bank of India (RBI) on Friday announced the extension of the deadline for tokenisation of debit and credit cards by another three months to September 30, 2022. The RBI had earlier set a deadline of June 30, whereby merchants and…

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More than a month after extending the deadline to meet the card-on-file (tokenisation) rules, Reserve Bank of India last week held a meeting with top merchants and payment aggregators to gauge their preparedness, two people aware of the…

The Reserve Bank of India extended the card-on-file (CoF) tokenisation deadline by 6 months to to June 30, 2022. The earlier deadline was December 31, 2021. "In light of various representations received in this regard, we advise as under:…

tech2 News StaffJun 16, 2021 16:04:01 ISTGoogle Pay had introduced its NFC-based tokenised contactless payment for Android users in September 2020. This feature allows users to make payments by a secure digital token attached to their…