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RBI extends tokenisation deadline to June 30 next year

RBI extends tokenisation deadline to June 30 next year

Merchants will now be allowed to store data until June next year. The earlier tokenisation deadline was January 1. „In light of various representations received, the timeline for storing of CoF (Card on File) data is extended by six months, i.e., until June 30, 2022,’’ the central bank said in a statement. „After this, such data shall be purged.’’


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23 December 2021, 18:39