RBI extends scope of card tokenisation to ensure security

The Reserve Bank of India has extended the scope of permitted devices for undertaking tokenised card transactions to include consumer devices such as laptops, desktops, wearables (wrist watches, bands, etc.), and Internet of Things (IoT) devices. The facility of tokenisation shall be offered by the TSPs only for the cards issued by them.The Reserve Bank of India has extended the scope of permitted devices for undertaking tokenised card transactions to include consumer devices such as laptops, desktops, wearables (wrist watches, bands, etc.), and Internet of Things (IoT) devices. The facility of tokenisation shall be offered by the TSPs only for the cards issued by them.taxmann.com Latest Statutory HappeningsRead More

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