Category «RBI»

RBI extends card tokenisation rule by 6 months after industry request

RBI extends card tokenisation rule by 6 months after industry request

By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Thursday extended the deadline for wiping off card data on merchant sites and applying tokenisation by another six months as merchants and payments companies expressed their inability to meet the December 31 deadline. In a statement on its website, the central bank said “at the request …