Categories: Banking

NPCI launches card tokenisation platform ‘NTS’

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Banking News Here

Sumit Arora

Recent Posts

13-Year-Old Vaibhav Suryavanshi Makes History as IPL’s Youngest Signing

Vaibhav Suryavanshi, a 13-year-old cricketer from Bihar, has made history by becoming the youngest player…

3 hours ago

IPL Winners List From 2008 to 2024, Updated List

The IPL Winners List stands out as a highly searched topic related to the Indian…

8 hours ago

Top-10 Foggiest Places on the Earth, Check the List

Fog is a natural weather condition that happens when water droplets hang in the air,…

8 hours ago

Important Days in December 2024, National and International Days

December, the last month of the year, is a month full of important days that…

8 hours ago

Who is Known as the Punjab Kesari?

"Punjab Kesari" means "The Lion of Punjab." This title is given to Lala Lajpat Rai,…

8 hours ago

India’s Historic Victory Over Australia: Breaking 47-Year Record

India scripted history, on November 25, 2024, with a massive 295-run victory against Australia in…

9 hours ago