NPCI launches card tokenisation platform ‘NTS’
- The National Payments Corporation of India (NPCI) has launched NPCI Tokenization system (NTS) to further enhance the safety of customers and provide a seamless shopping experience to consumers.
- The NPCI Tokenization System (NTS) will support the tokenisation of RuPay cards, to provide an alternate for storing card details with merchants.
- NPCI’s Token Reference On File(TROF) service will help RuPay cardholders, to maintain the security of their financial data.
- With NTS, acquiring Banks, Aggregators, Merchants & others can get themselves certified with NPCI & can play the role of Token Requestor to help save the Token reference number (Token Reference On File) against all card numbers saved.
Points to Remember:
- The NTS platform for tokenisation of cards has been launched by which entity?
- What is the full form of TROF?
Source: Hindubusinessline