trending Market Intelligence /marketintelligence/en/news-insights/trending/TYJxaCzQ1C8cao2ZeI-wgQ2 content esgSubNav
In This List

Indian central bank issues rules for tokenizing card transactions

Blog

Banking Essentials Newsletter: October Edition

Blog

Banking Essentials Newsletter: September Edition, Part - 2

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge


Indian central bank issues rules for tokenizing card transactions

The Reserve Bank of India has issued guidelines for tokenizing card transactions.

Under the new rules, authorized card payment networks may offer card tokenization services to any third-party app provider, subject to certain conditions. Tokenization is a process in which a unique token masks sensitive card details. This token is used to perform card transactions in contactless mode at payment terminals.