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In a circular, the RBI said the industry stakeholders have highlighted some issues related to the implementation of the framework in respect of guest checkout transactions.
The RBI announced an extension of the deadline for card data storage and tokenisation implementation by another three months to September 30, 2022.
The Reserve Bank of India has extended the card tokenisation deadline in view of issues related to implementation of guest checkout transactions.
Card tokenisation rules will now come into effect from July 1, 2022