National Payments Corporation of India (NPCI) today announced the launch of the NPCI Tokenization System (NTS) that will support tokenization of cards as an alternative to storing card details with merchants. The NPCI Tokenization System will support the tokenization of RuPay cards to further enhance the safety of customers and provide a seamless shopping experience.
NPCI’s Token Reference On File (TROF) service will help millions of RuPay cardholders maintain the security of their financial data. Experts say the card details of cardholders will be completely safe and secure at the RuPay Network Secure vault.
Based on the set of guidelines that have been mandated by the RBI, sensitive customer information is to be stored in the form of an
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