Page 2 of online payment

It will replace the actual card details with an alternate code which will be specific to the card and online merchant. Tokenisation will be an additional layer of security for all online transactions.

Card payments: Card tokenisation makes online payments safer

The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data.

July 18, 2022 01:15 IST

card tokenization, token, what is tokenization, digital payment, rupay cards, debit cards, travel prepaid card, online payment, Quick Forex

RBI’s Dec 31 deadline on tokenization: What does it mean for you?

With tokenization, the entities involved in the transaction do not have to memorise what the card entails on either end…

December 20, 2021 16:01 IST

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