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News
Card Tokenisation
Card Tokenisation News
Reserve Bank of India
24 Jun 2022
RBI extends card tokenisation deadline by 3 months
The RBI had earlier set a deadline of June 30 for tokenisation of debit and credit cards. Merchants and payment aggregators were asked to delete all card details and replace them with tokens.
Reserve Bank of India
23 Dec 2021
RBI extends card tokenisation deadline by 6 months till June-end
Card-on-file refers to card information stored by payment gateway and merchants to process future transactions. The earlier deadline was December 31, 2021. MPAI and ADIF had requested the RBI to extend the December 31 deadline.
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