New RBI rule to make debit card, credit card online transactions faster, secure: Tokenisation at banks explainedDebit card, credit card rule change: Card tokenisation is a major reform to enhance the security of online transactions. As of now, tokens ...
22 Dec, 2023, 04.58 PM IST
RBI takes another step to make your debit, credit card safe; to introduce card-on-file for tokenisation at issuer bank levelRBI introduced Card-on-File Tokenisation (CoFT) in September 2021 and began implementation from October 1, 2022.
06 Oct, 2023, 04.38 PM IST
How to tokenise your debit, credit card in 6 stepsThe Reserve Bank of India (RBI) has mandated that all credit and debit card data be replaced by unique tokens online, at point-of-sale, and...
01 Nov, 2022, 02.34 PM IST
Pay for your Uber ride using debit, credit card? How to tokenise your card on UberCompanies like Uber, Swiggy, Amazon, and others will only be allowed to accept repeat payments made with tokens rather than credit card inf...
07 Oct, 2022, 11.47 AM IST
Tokenisation rules for debit, credit cards kick in today. All you need to knowThe Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transact...
01 Oct, 2022, 05.54 PM IST
Tokenisation of cards: Here's what it means for customersTokenisation aims to replace sensitive payment credentials like 16-digit credit card numbers, names, expiration dates and codes with unique...
27 Sep, 2022, 11.06 PM IST
RBI ready to bring card tokenisation norms into effect from Oct 1Several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for fut...
19 Sep, 2022, 11.52 PM IST
Tokenisation of debit, credit cards by September: Here's what it means for usersRBI extended the tokenisation deadline by three months starting July. This extended time period may be used to create public awareness abou...
23 Aug, 2022, 12.04 PM IST
Uber says won’t accept payments on Amex & Diners cards from June 28As per the Reserve Bank of India’s latest order, all merchants must delete customer debit and credit card data on or before June 30 and rep...
23 Jun, 2022, 07.46 PM IST
Debit, credit card tokenisation: How to tokenise your card, what happens if you don't tokenise before Jul 1A tokenised card transaction is safer because the real card details aren't disclosed or retained with the merchants. Securing/Tokenization ...
20 Jun, 2022, 02.34 PM IST
Banks, merchants push for card tokenisation as deadline loomsSo far, large merchants including Uber, Swiggy and MakeMyTrip have gone live, and are allowing customers to tokenise their cards. Flipkart,...
06 Jun, 2022, 11.17 AM IST
Paytm tokenises 28 million cards; to purge saved card data by June 30Tokenisation, which aims at improving the safety and security of the payment system, refers to the replacement of actual card details with ...
05 May, 2022, 03.18 PM IST
One more time, babe; End ditherTo avoid inconvenience to customers, banks and payment networks must work together to swiftly overcome the technology integration challenge...
27 Dec, 2021, 12.00 AM IST
Either type out your 16 digit card number or tokenise it to pay online from Jan 1, 2022Banks and other payment companies are asking their customer to either opt for tokenising their card details or type out full details each t...
17 Dec, 2021, 03.27 PM IST
Paytm launches card-on-file tokenisation with Myntra, Oyo, Dominos for online transactionsThe card-on-file tokenisation facility will be available for all Paytm consumers and merchants, stated the press release. It is aligned wit...
30 Nov, 2021, 12.52 PM IST
Visa launches Card-on-File tokenisation service for Grofers, bigbasket, MakeMyTrip: What it means for youThe RBI's CoF tokenization guidelines, issued in August, mandate replacing the actual card data with encrypted digital tokens, which are th...
06 Oct, 2021, 04.13 PM IST
Only card networks and issuing banks may get to tokenise dataUnder the new norms, every online merchant processing transactions for customers will only have access to a 'tokenised' key linked with the...
26 Aug, 2021, 06.08 AM IST