Fri, Sep 30, 2022
The rules for online payment of debit and credit cards will change from October 1. The Reserve Bank of India (RBI) has made it mandatory to replace all credit and debit card data used in online, point-of-sale and in-app transactions with tokens by September 30 this year. Apart from this, what will be the other important changes from tomorrow and what will be the new rules? Know from Varun Dubey.
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The rules for online payment of debit and credit cards will change from October 1. The Reserve Bank of India (RBI) has made it mandatory to replace all credit and debit card data used in online, point-of-sale and in-app transactions with tokens by September 30 this year. According to RBI, there will be no need to save any kind of debit or credit card details on any online platform in the tokenization system at present. What is this card tokenization? What to do for card token? What are the disadvantages of not tokenizing? Know full details from Nupur.
Wed, Sep 28, 2022
Card tokenisation from October 1: In order to protect customers from cyber fraud that can occur when they store the details of their credit or debit card on online shopping or merchant sites, the Reserve Bank of India (RBI) has decided to implement card tokenisation from October
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