Six digital payment trends that may simplify tokenisation in India
Visa has released a report on how tokenisation is driving India's digital economy, one year after the RBI's mandate on tokenisation for e-commerce transactions
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Visa has released a report on how tokenisation is driving India's digital economy, one year after the RBI's mandate on tokenisation for e-commerce transactions
It is believed that a tokenised card transaction is safer as the actual card details are hidden by tokens and not shared with the merchant during the transaction.
The way Indians transact for goods and services and the way business file their taxes is going to witness a sea change from January 1, 2022.
Through tokenisation, Mastercard cardholders will be able to make payments through a secure digital token without having to share their credit or debit card details.