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CARD STORAGE GUIDELINES
RBI cleans online payment pipesThe banking regulator has separately clarified that payment regulators will need to meet digital lending guidelines if they wish to offer c...- 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...
- Offline payments aggregators can’t store your debit, credit card details nowThe RBI Governor today announced that offline payment aggregators would now be brought under same guidelines with the online payment aggreg...
- Fintechs seek six months to comply with RBI credit rule“This is very critical as other RBI guidelines like the one on co-branding cards came in advance, giving time to companies to react. Monday...
- 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...
- Apple stops accepting card payments, switches to UPI and net bankingApple also said it will no longer store card information of Indian users on its file.
- 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...
- RBI against dropping card storage clause in new rules for making payments onlineUnder the new norms, millions of card holders – both debit and credit – making payments online in 2022 may have to enter their 16-digit car...
- Exclusive: RBI against dropping card data storage clause in new rulesNew norms will prohibit merchants from storing card details and payment operators from offering one-click checkout service.
- Fresh card issuance by 5 private banks to be impacted due to ban on Mastercard by RBI: ReportBesides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway. So, in all...
- Sorry, no Mastercard? Making sense of RBI's clampdown on US payments networkIn April, the monetary authority imposed similar restrictions on American Express Co. and Discover Financial Services’ Diners Club cards. E...
- Intellect Design Arena unveils AI-powered Aadhaar processing solutionIntellect Design Arena’s Magic Aadhaar will hyper-digitise the end-to-end process of automatic classification, extraction and masking of Aa...
- RBI rejects demand of online merchants to store customers' credit card data"The regulator is of the view that merchants storing credit card data would cause cyber security risks to the consumer and they do not have...
- Centre starts drawing up plans for vaccine distribution, puts frontline workers on priorityThe government held a high-level meeting with health departments of all states on Friday to discuss drawing up of priority lists for admini...
- Allowed to share GPay customer transaction info with 3rd parties with NPCI permission: Google to HCGoogle, in its affidavit, has contended that under the UPI procedural guidelines, issued by the NPCI, apps like GPay are permitted to share...
- RBI wants local data to be stored in India, raises concernsRBI mandated sticking to the guidelines within a period of six months.
- Australia assures India full technological support to clean the GangaAustralia today assured India that it would extend full technological support for the ambitious project to cleanse the Ganga.
- 17,000 tonnes of grain wasted in 3 yearsAt least 17,546 tonnes of foodgrain were damaged between 2009-10 and July 2012 in Food Corporation of India (FCI) godowns , an RTI reply ha...
- ET Review: Samsung Series 5The Acer Aspire S3 was the first Ultrabook in India to beat the Rs 50,000 mark and now Samsung’s 13.3-inch Series 5 is the second.
- Fresh guidelines for telecom operators after Idea fiascoThe central security agencies have taken serious note of destruction of details of nearly 1.2 crore SIM cards belonging to Idea Cellular.
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