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RBI extends scope of tokenisation
Business & Finance
RBI extends scope of tokenisation
August 26, 2021
1 min
हिन्दी
  • The Reserve Bank of India has decided to extend the scope of tokenisation to include consumer devices.
  • This includes laptops, desktops, wearables (wristwatches and bands), and Internet of Things (IoT) devices.
  • This facility was available only for mobile phones and tablets of interested cardholders.
  • A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing.

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Reserve Bank of India
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