The use case for the pilot is settlement of secondary market transactions in government securities, the RBI said in a statement on Monday. Read on for details:
New Delhi The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens Read more on Dynamite News:
The reduced charges will be applicable on the transactions done through internet banking and mobile banking services offered by the bank, the bank said.
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