Starting January 1, New RBI Rules on Online Card Transactions Go Into Effect: 10 Points
Under RBI guidelines, e-commerce platforms such as Amazon or Flipkart won’t be able to save customers’ 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
Source: ndtv.com