6 simple steps to tokenise your debit and credit cards

Tokenisation will make transactions on your debit and credit cards safer and more convenient.

Tokenisation will make transactions on your debit and credit cards safer and more convenient.

The apex bank had recently announced the extension of the deadline for tokenisation to September 30, 2022.  

It will also protect your card details from online fraudsters and enhance cardholders’ experience when they transact online. 

Credit card data such as number, CVV and card expiry date is often stored on the merchants’ databases for ease of payment. 

Here are six steps you can follow to generate tokens. 

Step 1. Visit any e-commerce/ merchant website or mobile app to purchase something and start a payment transaction.

Step 2. During check-out, enter details of your debit or credit card. Alternatively, select your preferred bank’s card saved earlier as a payment method and enter other details.

Step 3. Select the option “secure your card as per RBI guidelines” or “tokenise your card as per RBI guidelines”.

Step 4. Give consent to create a token. Enter the OTP sent to your mobile phone or email by your bank, and complete the transaction. Generate token.

Step 5. Your token has been generated and saved instead of the actual details of your card.

Step 6. When you visit the same website or application again, the last four digits of your saved card are displayed to help you identify your card for doing the payment.

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