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RBI takes another step to make your debit, credit card safe; to introduce card-on-file for tokenisation at issuer bank level

RBI introduced Card-on-File Tokenisation (CoFT) in September 2021 and began implementation from October 1, 2022.

Praxis Tech Launches Merchant Initiated Transactions (MIT)

/PRNewswire/ Praxis Tech Ltd is excited to announce the launch of Merchant Initiated Transactions (MIT), a revolutionary payment processing solution that.

Praxis Tech Ltd: Praxis Tech Launches Merchant Initiated Transactions (MIT)

LIMASSOL, Cyprus, April 10, 2023 /PRNewswire/ Praxis Tech Ltd is excited to announce the launch of Merchant Initiated Transactions (MIT), a revolutionary payment processing solution that

RBI ready to bring card tokenisation norms into effect from Oct 1

Several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for future payments.

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