RBI to further streamline

a nEW cHANNEL FOR TOKENIZATION

[{"selector":"#anim-418c36e4-0a39-4e33-8336-13e93468246d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.5512930067648654%, -19.37984415023241%) scale(1.3875968992248062)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] RBI has proposed to add a new channel for Card Tokenization for Debit Cards and Credit Cards.

dIRECTLY APPROACH THE ISSUER

[{"selector":"#anim-7bb9c9c5-da73-4098-9aa8-9c07e41be046 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.512248845073077%, 13.12570818127294%) scale(0.7352941176470589)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Cardholders can now get their Card tokenized directly at the card issuer’s facility

Status quo

[{"selector":"#anim-17d172ff-05b7-4585-898a-ef95d1803610 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.167634572544612%, -19.263532918505696%) scale(1.3875968992248062)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":10000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Earlier, the request for Card Tokenization was routed through online platforms, called 'Token Requestors'. Learn more

RBI to further streamline

ONLINE PAYMENTS

a nEW cHANNEL FOR TOKENIZATION

dIRECTLY APPROACH THE ISSUER

Status quo