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Banking - General Knowledge Questions
How long does the Reserve Bank of India (RBI) extend card tokenization?
A)
June 30, 2022
B)
July 31, 2022
C)
September 30, 2022
D)
December 301, 2022

Correct Answer :   June 30, 2022

The Reserve Bank of India (RBI) on Thursday(23-12-2021) extended the deadline for wiping off card data on merchant sites and applying tokenisation by another six months as merchants and payments companies expressed their inability to meet the December 31 deadline.
 
In a statement on its website, the central bank said “at the request of industry stakeholders”, the timeline is being extended until June 30, 2022.

Published On : December 27, 2021
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