RBI permits card-on-file tokenisation by issuer banks, card networks

The Reserve Financial institution of India has allowed card-on-file tokenisation (CoFT) by card issuing banksĀ or establishments to offer cardholders with a further option to tokenise their playing cards for a number of service provider websites by a single course of. Earlier, card tokenisation providers have been supplied by card issuers and card networks at service … Read more