SBI Cards and Payment Services has tied up with Paytm for card tokenisation to protect the data of the cardholders. SBI Card has collaborated with Paytm to enable cardholders to tokenise their cards on devices and make payments through Paytm. Tokenisation refers to masking the original card number by replacing it with a set of unique characters, termed as token, which secures the customer’s card details when a transaction is under process.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Currently, only cards issued in the Indian territory are enabled on the Paytm network. However, customers may transact using his/her SBI Card through the Paytm network in international locations.
Important takeaways for all competitive exams:
One of the major domestic first-class cricket competitions in India is the Duleep Trophy. This…
India is set to expand apart from the Mumbai-Ahmedabad rail corridor and developing plans for…
The ceremony of 72nd National Film Awards will take place in Ekta Nagar in Narmada…
The appearance of the continents depicted on the map might not correspond to their real…
The BRICS Cross-border Payment System is an initiative launched by the BRICS nations to improve…
Union Home Minister and Minister of Cooperation Amit Shah conferred the President’s Colour on Goa…