RBI Extends Card Tokenisation Deadline Till June 30, 2022
Tokenised cards are considered safe for online transactions, as the card details are not shared with the merchant during transaction processing
Source: ndtv.com
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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.
Source: ndtv.com