Question

Consider the following about the RBI circular on card-on-file (Co

  • F tokenisation? I. CoF refers to card information stored by payment gateway and merchants to process future transactions. II. It mandated the adoption of card-on-file (Co
  • F tokenisation as an alternative to card storage. III. It applies to International and online purchases. Which of the above statement is/are not correct.
A I only
B II only
C III only
D I and III Both
E II and III Both
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RBI Grade B 2026 Phase 1 Memory Based Paper
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