IMPORTANT! Money transferred to someone else’s account by mistake? Know how can get

September 9, 2021

New Delhi: Nowadays in mobile banking, many times money is transferred from bank account to wrong account or from one account to another bank account. Sometimes this happens in banking fraud as well. UPI, net banking, mobile wallet have reduced the difficulties related to banking transactions to a great extent. In this way, you do not need to go to the bank to transfer money to someone’s account. This work…

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RBI’s new rule for security of credit, debit card data –Know all about Tokenisation of Card Transactions

September 9, 2021

New Delhi: In a bid to ensure security of credit, debit card data, the Reserve Bank of India (RBI) has enhanced the scope of tokenisation and permitted card issuers to act as token service providers (TSP). The RBI on Tuesday extended the device-based tokenisation to card-on-file tokenisation (CoFT) services, a move that will bar the merchants from storing actual card data. Under tokenisation services, a unique alternate code is generated…

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