Phi Commerce’s API (Application programming interface) first digital payments platform, PayPhi has become the first certified tokenization service for NTS supporting tokenization of RuPay cards. Tokenization of cards as an alternate to storing card details with merchants. NPCI’s NTS platform enables PayPhi Tokenization service to provide partner merchants and aggregators with TROF. Token Reference On File (TROF) turns sensitive cardholder data into randomly generated 16 digit numbers called “token” with no meaningful value if breached.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
On the lines of the guidelines issued by the Reserve Bank of India (RBI) in September 2021 regarding tokenization of cards during online transactions, NPCI announced the launch of the NPCI Tokenization System (NTS).
Important takeaways for all competitive exams:
The six books shortlisted for the Booker Prize 2026 have been revealed, thus making them…
The Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is a programme that has…
Andhra Pradesh Police has introduced two technology-based portals for better surveillance and crime prevention. The…
The Assam Government has declared that the January 1, 2027, will be the deadline for…
RBI has amended the classification, valuation, and operations of investment portfolios for Infrastructure Investment Trust…
India TV chairman & editor-in-chief Rajat Sharma has been elected as the president of News…