No need to enter your full card details on e-tail sites

Customers will not have to input their credit card details on e-commerce sites they frequent even after the RBI rule barring storage of card data by merchants kicks in from January 1, 2022. Fast checkouts can continue with the RBI permitting card-on-file tokenisation. This allows customers to ask their banks to issue tokens to the online merchant in place of card details.



September 08, 2021 at 04:00AM