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RBI extends card tokenisation deadline till June 30

December 24, 2021

The Reserve Bank of India on Thursday extended card tokenisation deadline by six months till June 30, 2022, from the earlier deadline of December 31, 2021.

Merchant Payments Alliance Of India Alliance Of Digital India Foundation Reserve Bank Merchant Payments Alliance Digital India Foundation Reserve Bank Of India

Source: ibtimes.co.in

RBI Extends Card Tokenisation Deadline Till June 30, 2022

December 23, 2021

Tokenised cards are considered safe for online transactions, as the card details are not shared with the merchant during transaction processing

Indian Banks Association Card Tokenisation Deadline Till June Reserve Bank Card Tokenisation Card Tokenisation Details Deadline Extends

Source: ndtv.com

RBI extends card tokenisation deadline by 6 months till June-end

December 23, 2021

The RBI has extended the card-on-file tokenisation deadline by six months to June 30, 2022, in view of various representations received from industry bodies.

New Delhi Rakesh Jhunjhunwala Merchant Payments Alliance Of India Alliance Of Digital India Foundation Lt Mutual Fund For Rs Reserve Bank

Source: india.com

Starting January 1, New RBI Rules on Online Card Transactions Go Into Effect: 10 Points

December 22, 2021

Under RBI guidelines, e-commerce platforms such as Amazon or Flipkart won&rsquo;t be able to save customers&rsquo; card details any longer. Customers will have to enter their card details every time they carry out an online transaction. However, to avoid the hassle, customers can choose to tokenise their cards. Here are 10 key takeaways on the change.

Starting January Reserve Bank Additional Factor Only Mastercard Photo Credit Card Save Tokenisation Rbi Guidelines Ecommerce Amazon Flipkart Zomato Uber Process Fees Details