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Which company launched tokenisation solution 'SafeCard' ?
A)
GPay
B)
PhonePe
C)
Paytm
D)
Amazon Pay

Correct Answer :   PhonePe


Digital Payment firm, PhonePe has launched a tokenization solution named ‘SafeCard’ for online debit and credit card transactions. Earlier in September 2021, RBI had made a device-based tokenization framework applicable to Card-on-File Tokenisation (CoFT) services as well i.e Card-on-File (CoF) means that the Credit/Debit card details are stored by merchants for ease of payment.

Published On : November 6, 2021
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