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...
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...
SBI Card ready with card tokenization mandate: MD & CEO Rama Mohan Rao AmaraAs per the Reserve Bank of India (RBI), tokenisation refers to replacement of actual card details with an alternate code called the "token"...
RBI sticks to October 1 deadline for card tokenisation“On a review of the issues involved and after detailed discussions with all stakeholders, as also keeping in view that sufficient time has ...
What is fueling a rally in Bajaj Finance post Q1? Here's what brokerages sayBajaj Finance reported a 159 per cent year-on-year (YoY) rise in consolidated net profit at Rs 2,596 crore, its highest ever, for the June ...
Visa provisions over 100 million card tokens in IndiaThis landmark has been achieved in line with RBI's guidelines on CoF tokenisation, focusing on two key benefits – consumer & ecosystem secu...
RBI extends card tokenisation deadline by three monthsInstead, RBI has asked for tokenisation as a safer and more convenient alternative to card storage. Through tokenisation, one’s sensitive c...
Extend deadline for card storage, tokenisation till June ’23, says former RBI panel member Aruna SharmaThink tank The Dialogue, too, in a report said it is necessary to extend the deadline at least till December 31, 2022, as a majority of sta...
RBI extends tokenisation deadline to June 30 next yearMerchants will now be allowed to store data until June next year. The earlier tokenisation deadline was January 1. "In light of various rep...
RBI extends card tokenisation deadline by 6 monthsThe move comes after digital payment firms, like Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (A...
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...
View: Two tremendous transitions too soon for digital payments industryIndustry players need a breather after recurring payments revamp. Given that extensive technological, operational and integrational aspects...
NPCI launches tokenisation platform for RuPay cards: How it will workThe NPCI Tokenization System will support the tokenisation of RuPay cards to further enhance the safety of customers and provide a seamless...
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...
Visa launches India’s first Card-on-File tokenization service for merchantsThe RBI’s recent CoF tokenization guidelines mandate replacing the actual card data with encrypted digital tokens, which are then used to f...
RBI enhances scope of tokenisation to ensure security of card data“Citing the convenience and comfort factor for users while undertaking card transactions online, many entities involved in the card payment...
Turbulence in Air India as woman pilot who has never flown is made safety chiefAir India pilots are up in arms over the airline's decision to appoint its first woman pilot -who failed to clear company medical tests -as...