Start learning 50% faster. Sign in now
The Reserve Bank of India (RBI) is extending the deadline for card-on-file (CoF) tokenisation by another three months to September 30 as transaction processing based on such tokens is yet to gain traction across categories of merchants. It was mandated that no entity in the card transaction or in the payment chain, other than the card issuers and / or card networks, can store the CoF data, and any such data stored previously be purged. It mandated the adoption of card-on-file (CoF) tokenisation as an alternative to card storage. It applies to domestic, online purchases. CoF refers to card information stored by payment gateway and merchants to process future transactions. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. Tokenisation is the process of replacing actual card details with a unique alternate code called 'Token' - thereby enabling more secure transactions.
The Centre's scheme allows the Jan Dhan account holders to withdraw money upto ₹___________in the form of a short-term loan.
Which Indian peacekeepers will be honoured with the U.N.'s Dag Hammarskjold medal for their supreme sacrifice in the line of duty?
Examine the following statements and identify the correct one :
" The Centre has accorded Authorised Economic Operator ( AEO ) status to t...
The term “FLOPs” is often heard in the news. It corresponds to:
The project to develop India's first Constitution Park was initiated by:
What is the total value of the India-France Rafale-M deal signed in 2025?
Recently Union Minister for Finance and Corporate Affairs Nirmala Sitharaman dedicated to the nation, “Dharohar” - the National Museum of Cu...
Which state has been given a $200 million loan by ADB to improve the quality, efficiency, and reliability of power supply & achieve its goal of providin...
How many new Dairy Cooperatives are planned to be established under the revised NPDD?