The National Payments Corporation of India (NPCI) has launched the NPCI Tokenization system (NTS) to further enhance the safety of customers and provide a seamless shopping experience to consumers. The NPCI Tokenization System (NTS) will support the tokenisation of RuPay cards, to provide an alternate for storing card details with merchants.
NPCI’s Token Reference On File(TROF) service will help RuPay cardholders, to maintain the security of their financial data. With NTS, acquiring Banks, Aggregators, Merchants & others can get themselves certified with NPCI & can play the role of Token Requestor to help save the Token reference number (Token Reference On File) against all card numbers saved.
Important takeaways for all competitive exams:
- National Payments Corporation of India MD & CEO: Dilip Asbe;
- National Payments Corporation of India Headquarters: Mumbai;
- National Payments Corporation of India Founded: 2008.