Last month, the Reserve Bank of India (RBI) extended the deadline for card tokenisation by another three months to September 30. The central bank decided against the July 1 deadline as the implementation was mired in problems, and not all payment players were ready with tokenisation. All companies would have to purge stored card information once tokenisation is implemented.
Tokenisation would be the second big shake-up from the central bank in two years. Last year, the RBI asked banks to cancel all recurring mandates and issued new guidelines for recurring mandates, disrupting the payment landscape.
Diese Geschichte stammt aus der July 22, 2022-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der July 22, 2022-Ausgabe von Business Standard.
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