What Is Card Tokenization And How To Tokenize Your Cards

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#Cards #Tokenization #Apps #Swiggy #Zomato #Uber #Ola #Paytm #Ecommerce #Debit #Credit #Token • Online platforms have begun requesting for your consent to re-save your credit and/or debit card details as Tokenization comes into effect from October 1. What does this mean? And is it safe for you to tokenize your cards? We answer this and more in this report. • Tokenization is a process by which card details are replaced by a unique code or token, allowing online purchases to go through without exposing sensitive card details. As per the Reserve Bank of India’s order, all merchants must delete customer debit and credit card data on or before October 1 and replace card payments with unique tokens for all online, point-of-sale and in-app transactions. Watch to know more. • ----------------------- • About the channel • Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. • Follow us at: • Website: https://www.businesstoday.in • Facebook: / businesstoday • twitter: / business_today • Instagram: / business_today

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