Aapki Khabar Aapka Fayda: Now Online Payment Will Be More Secure, Card Tokenisation To Come Into Effect From October 1
Zee Business Video Team | Updated: September 20, 2022 10:08 PM IST
The trend of online payment through credit and debit cards has increased rapidly in the country, but with this, the cases of online fraud have also increased. In such a situation, to secure credit and debit card transactions, RBI is going to implement tokenisation system from October 1. The complete details of the customer's card will be converted into a token. With the help of this, the customer will be able to make payment on any third party app, point of sale. The merchant will not have any data related to the card. Unique tokens will be issued for every transaction. Watch this special report of Aapki Khabar Aapka Fayda.
