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The Reserve Bank of India (RBI) has extended the tokenisation rules till which date?
  • a)
    January 1, 2022
  • b)
    April 1, 2022
  • c)
    June 30, 2022
  • d)
    September 30, 2022
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The Reserve Bank of India (RBI) has extended the tokenisation rules t...
The Reserve Bank of India (RBI) has extended the tokenisation rules till June 30, 2022. The deadline for wiping off card data on merchant sites and applying tokenisation has been extended by another six months.
This step has been taken by the Central Bank as merchants and payment companies expressed their inability to meet the earlier deadline of December 31, 2021. Card on file tokenisation (CoFT) is used to register card data with a merchant site.
Hence, the correct option is (C).
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The Reserve Bank of India (RBI) has extended the tokenisation rules till which date?a)January 1, 2022b)April 1, 2022c)June 30, 2022d)September 30, 2022Correct answer is option 'C'. Can you explain this answer?
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