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:
Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…
With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…
Fiscal Policy is one of the most influential pillars of India’s economic strategy. It determines…
The Earth has many amazing and unusual places, and some of them experience temperatures that…
In a striking reflection of a shifting global wealth landscape, the UBS Billionaire Ambitions Report…
In a landmark moment for cricket, Sunil Narine has become the first player in the…