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RBI rolling out Card-on-File Tokens facility at bank level

The RBI on Friday said that it has decided to introduce Card-on-File (CoF) token creation facilities directly at the issuer bank level."This measure will enhance convenience for cardholders to get tokens created and linked to their existing . ....

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RBI proposes card-on-file tokenisation: Tighter security, more convenience for customers

The card-on-file tokenisation facility directly at the issuer-bank level will give customers greater control over managing their card tokens, allowing them to add and delete tokens without going through the merchant website. ....

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