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Now tokenise debit, credit cards via Internet, mobile banking for online transactions: RBI issues new rules

The Reserve Bank of India has issued new guidelines on how individual having debit and credit cards can generate tokens at the bank level. As per RBI, a tokenised card is considered safer as the actual credit, debit card details are not shared with the merchant when the transaction is being processed.

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Digital Transactions: Mastercard Now Supports CVC-less Payments For Tokenized Cards In India

Digital Transactions: Mastercard Now Supports CVC-less Payments For Tokenized Cards In India
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Akash sinhaAkshant goyalAnubhav guptaCardholder verification codeReserve bankCashfree paymentsSecurity featuresUser identity checkAdditional factor authenticationSenior vice presidentSouth asia

RBI introduces UPI Lite for faster real-time, low-value transactions Check more details here

UPI Lite has been launched as an on-device wallet feature that will allow users to make real-time small-value payments of up to Rs 200 without using a UPI PIN. At present, users need to enter PIN on UPI apps, such as Google Pay, Phonepe, Paytm.

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Credit, debit card rule update: Limit increased for e-mandate on auto-debit payments

The earlier limit for recurring payments like subscriptions, insurance premia and education fees of Rs 5,000 has been revised to Rs 15,000.

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Chargebee Provides Solution To SaaS, Subscription Providers In India, Partners With Finech Razorpay

Chargebee Provides Solution To SaaS, Subscription Providers In India, Partners With Finech Razorpay
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Tamil naduIndian saaKrish subramanianRahul kothariRajaraman santhanamMotor companyChief business officerAdditional factor authenticationTax deductionChief operating officer