RBI Update – Card-on-File Tokenisation (CoFT) – Enabling Tokenisation through Card Issuing Banks

Mehta & Mehta > RBI Updates > RBI Update – Card-on-File Tokenisation (CoFT) – Enabling Tokenisation through Card Issuing Banks

It has been decided to enable CoFT directly through card issuing banks / institutions also. This will provide cardholders with an additional choice to tokenise their cards for multiple merchant sites through a single process.

Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12573&Mode=0

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