Alert! RBI card tokenisation rule starts Oct 1; know how to do it on your debit, credit card
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The RBI debit and credit card tokenisation rule will come into effect stating tomorrow, October 1. Here are the details you need to know.
Your online transactions, like making payments for shopping, will be changing from tomorrow, October 1, 2022. While making online payments, you must have noticed that your debit card and credit card details get saved by many organisations. They retain card details like card number, expiration date, and more. Though saving these details makes your payment making process easier, it also raises the risk of card information being misused or stolen. In order to curb online fraud, the Reserve Bank of India (RBI) has asked all merchants and payment gateways to remove customer details of deb...