ecommerce payments

Is it mandatory to memorize 16-digit credit, debit card number for online payments from January 2022? Read here

RBI notified last year for payment system providers to put in place workable solutions such as tokenization for enhancing the security of storage of customer’s card credentials.

Aug 26, 2021, 17:48 PM IST

Now, you have to memorise 16-digit debit, credit card numbers, expiry date, CVV no: Here’s what RBI says

The new change means that customers debit cards or credit cards will have to give their 16-digit card number every time they make a transaction.

Aug 21, 2021, 16:26 PM IST