Which of my cards can be saved as per new RBI guidelines?.Yes, as per the RBI guidelines, you need to provide consent to save each card separately. Do I need to provide consent separately for each card?.Navigate to payments page, select a card, provide consent and OTP to tokenize your card. Until Septemyou can give your consent to tokenize all your saved cards. How do I provide my consent to save the card?.These entities can be a bank or a card network e.g. It is safer and more secure than just saving your card as your card number is replaced with tokens for all transactions and card number is not shared for subsequent transactions.Īs per RBI guidelines, cards can be tokenized only by authorized entities referred to as Token Service Providers. the entity which accepts request from the subscriber for tokenisation of a card and passes it on to the card network to issue a corresponding token) and merchant. Tokenisation refers to replacement of actual card details with an alternate code called the “token”, which shall be unique for a combination of card, token requestor (i.e. Tata Play receives the encrypted details which will be saved and used for future transactions instead of your actual card details. This means that Tata Play asks your card network to encrypt your card details with additional authentication. Subscribers can provide their consent, allowing Tata Play to tokenize (encrypt) and save their card as per new RBI guidelines. How can I avoid entering my card details every time I pay?.Instead, subscribers must enter their complete card details for every payment done via card. ![]() As per the new RBI guidelines effective from October 1, 2022, merchants can no longer save subscriber credit or debit card details.
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