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 members of PM-KMY Scheme are required to make a monthly contribution to the Pension Fund between _______ to _________, depending on their age with ...
According to economic survey 2022-23............percentage of population lives in rural areas and out of this population 47% is engaged in _____________
The ‘Prime Minister’s Scholarship Scheme (PMSS)’’ is being implemented to encourage technical and post-graduate education for the widows and war...
Which government agencies are collaborating in the implementation of the SVAMITVA Scheme?
Which department approved the continuation of the unified central sector scheme 'Vigyan Dhara'?
Which industries are part of the Eight Core Industries index?
What is the primary objective of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY)?
From where was the mission described in the passage launched?
Consider the following statements about the components of PM Awas Yojana (Urban):
I. In-situ Slum Redevelopment (ISSR)...
Which international agreement regulates the production and consumption of ozone-depleting substances (ODS)?
