'Enhanced Security Through RBI Mandated Card Tokenization'

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"Enhanced Security Through RBI Mandated Card Tokenization: Safeguarding Card Information in Shopping Apps"

A man was worried about the security of his credit and debit card information after his shopping app's account got hacked. However, his friend Mahesh assured him not to fret because of the RBI's mandatory card tokenization implemented since July 2022. This means that no merchant or payment gateway can access the actual card details anymore. Instead, the card information provided will be transformed into a token. Moreover, with each transaction, a new token will be generated, ensuring added security. In the unfortunate event of an account being hacked, the hacker would only see the token number and not the specific account details.

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