Big Relief To Debit Card Holders! RBI Extends “Tokenisation” System To July 1st,2022

Upon repeated requests from banks to upgrade their systems for “Tokenisation”, Finally RBI agreed to extend the due course to June30th,2022. This was the 2ndtime to extend this “Tokenisation”system which was earlier proposed to implement from June1st,2021 and later to January1st,2022. But due to technical glitches in the systems upon banks request it was furtherContinue reading “Big Relief To Debit Card Holders! RBI Extends “Tokenisation” System To July 1st,2022″

Are You Using Saved Cards For Doing Online Transactions? It’s Not Possible From January 2022 !

Tillnow bank customers are using debit and credit cards for online purchases. They are saving their card details, card expiry date, cvv etc on the e-commerce platforms for easy use. But it would not be possible from January 2022! To know the reason why, read the full story What upto Now– Customers are saving theirContinue reading “Are You Using Saved Cards For Doing Online Transactions? It’s Not Possible From January 2022 !”

Online Transactions Will Be More Secure From January 2022 With The New “Token” System

As online frauds are increasing day-by-day, RBI has come up with new “Token” System to eradicate misuse of cards even to some extent. Up To Now, customers have to enter their Card Number, CVV, Name on the Card details to process online transactions. Even they have to save them on e-commerce sites like Amazon, FlipkartContinue reading “Online Transactions Will Be More Secure From January 2022 With The New “Token” System”