E-wallet Paytm completes tokenisation of 52.3 million cards to comply with RBI guidelines
Shortpedia
Content Team
Image Credit: FPJ
One97 Communications Limited that owns e-wallet Paytm, today announced that it has now tokenized over 93% of the monthly active cards on the app. With this, the company has made significant progress in the card-on-file tokenisation initiative by the RBI. The company has tokenized 52.3 million cards across VISA, Mastercard and RuPay in its effort to make card transactions safer and drive convenience for consumers.
