Paytm’s new card-on-file tokenisation facility

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NOIDA, Uttar Pradesh (CU)_Seeking to secure customer payment cards from online fraud, the Reserve Bank of India (RBI) recently issued new guidelines which require all merchants and eCommerce stores to maintain sensitive client information in the form of an encrypted token by 31 December. These tokens can be used to process payments without disclosing customer information or allowing payment intermediaries to hold it.

The feature, called…

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