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Tokenisation News

card payment industry

01 Mar 2023

Post Tokenisation - is India cut off from the global payments universe?

Tokenisation is the process designed to improve security and reduce fraud. The token system replaces sensitive payment information, such as credit card number, expiration date, or service code, with unique tokens having no meaning.

20 Dec 2021

Online debit card, credit card rules to change from new year; Details here

The new debit and credit card rules will take effect on January 1, 2022. Banks have begun to alert their consumers about the situation. Tokenisation is the process of replacing an actual card number with a different code that will be converted into a token.

09 Jan 2019

Debit, credit card transactions got a lot more safer – Here's what RBI plans

Tokenisation involves a process in which a unique token masks sensitive card details.

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