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

RBI imposes fine of Rs 1.95 crore on Standard Chartered Bank_90.1RBI imposes fine of Rs 1.95 crore on Standard Chartered Bank_90.1

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Rohit Sharma Announces Retirement from Test Cricket

In a significant development for Indian cricket, Rohit Sharma, one of India’s most accomplished batters…

6 hours ago

Biju Patnaik Memorial Unveiled in Delhi for Battle of Stalingrad Contribution

Russia honoured the legendary Indian leader and aviator Biju Patnaik by inaugurating a memorial plaque…

7 hours ago

Tamil Nadu to Declare May 5 as Traders Day: CM Stalin

Tamil Nadu Chief Minister M.K. Stalin announced that the state will soon officially declare May…

9 hours ago

“International No Diet Day 2025: Celebrating Body Positivity and Rejecting Diet Culture”

Every year on May 6, the world observes International No Diet Day, a global initiative…

9 hours ago

World Athletics Day 2025 Celebrated Globally to Promote Youth Fitness

World Athletics Day 2025, celebrated globally on May 7, continues its tradition of promoting athletic…

9 hours ago

Argentina Mourns the Death of 1978 World Cup Legend Luis Galván

Argentina and the global football community are mourning the loss of Luis Galván, a key…

9 hours ago