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Deadline for tokenisation of debit and credit cards extended to September 30
short by Hiral Goyal / on Friday, 24 June, 2022
The RBI has extended the deadline to tokenise debit and credit cards by three months to September 30, 2022. It said that the number of transactions processed using tokens is yet to gain traction. The central bank added that an alternate system where cardholders enter the card details manually at the time of transaction hasn't been implemented by industry stakeholders.
read more at Moneycontrol