LCP Image

Back to TSCFM News

NPCI partners with brands for tokenization facility on RuPay card

December 17, 2021

NPCI partners with brands for tokenization facility on RuPay card

The NPCI has partnered with brands and aggregators such as Bigbasket, Goibibo, Makemytrip, Jiopay, Paytm and PhonePe to introduce tokenization facility for RuPay card users to enhance online transaction security.
The facility will be helped by the recently launched NPCI tokenization system. Tokenization will allow seamless and convenient transaction experience with heightened data security.

NPCI is the umbrella organization for operating retail payments and settlement systems in India.

This facility will help millions of customers maintain the safety of their card financial data for online transactions, as their RuPay card details will now be completely secure in a secure vault within NTS, NPCI said.

Based on the set of guidelines that have been mandated by RBI, customer information is to be stored in the form of an encrypted token to help secure transactions. These tokens will allow payments to be processed without disclosing the client details or allowing the payment intermediaries to store customer data that could breach security and privacy.

With NTS, these brands can now save the token reference number against all existing stored card numbers, which enhance security and further strengthen the digital payments environment in the nation, in line with RBI vision.

Important Links:

Professional Diploma in Digital Marketing: https://tscfm.org/courses/professional-diploma-in-digital-marketing/
Post Graduate Diploma in Management (PGDM): https://tscfm.org/courses/3-in-1-management-program/

Tags:

BigBasketBusinessCurrent AffairsNPCIRuPay Cardtokenization

New start-ups bring in big moolah for family offices

India Corporates have more headroom to borrow

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

About TSCFM

TSCFM is a brand of SMART Institute Pvt. Ltd., which is a part of The Shahani Group of Institutions. We are the only B-school in Mumbai to bring the best of international management education to India. We are ranked No. 3 among colleges offering Global Business Courses in India by Outlook.

Quick Links:

Quick Links

Call us on:

Email:

info@shahanigroup.com

Social Media:

Consult a Career Advisor

Name*

Email Address*

Contact Number*

Select Qualification*

Course*

Nearest Centre*

Residing City*

Your Message

REQUEST A CALLBACK

Kindly Fill up the details to receive a call from our Career expert

Name*

Email Address*

Contact Number*

Select Qualification*

Course*

Nearest Centre*

Residing City*

Your Message

 array(8) 
[
    "obj_type"   => string(6) "module"
    "obj_id"     => string(43) "module:m_root_request-callback-popup:RBTPhG"
    "slug"       => string(22) "request-callback-popup"
    "hash"       => string(29) "m_root_request-callback-popup"
    "title"      => string(22) "request-callback-popup"
    "collection" =>  array(1) 
        [
            "post_type" => string(6) "m_root"
        ]
    "post_type"  => string(6) "m_root"
    "templates"  =>  array(1) 
        [
            "main" =>  array(2) 
                [
                    "code" => string(5504) "
	
  [css.style]
    a.request-callback {
      position: fixed;
      z-index: 999999999;
      left: ~"calc(100% - 37px)";
      top: 50%;
      color: #fff;
      transform: rotate(-90deg) translateX(-50%);
      transform-origin: 0% 0%;
      white-space: nowrap;
      border-radius: 10px 10px 0 0;
      font-size: 16px;
      box-shadow: 0px -3px 8px rgba(0, 0, 0, 0.16);
      &:hover{
          padding-bottom: 15px;
          left: ~"calc(100% - 47px)";
      }
    }
    .request-callback-popup {
        display: none;
        position: fixed;
        left: 0;
        top: 0;
        width: 100%;
        height: 100%;
        z-index: 9999999999;
        overflow-y: auto;
        background-color: rgba(0,0,0,0.6);
        @media only screen and (min-width: 576px) {
            .container {
                max-width: 540px;
            }
        }
        @media only screen and (min-width: 768px) {
            .container {
                max-width: 720px;
            }
        }
        @media only screen and (min-width: 992px) {
            .container {
                max-width: 960px;
            }
        }
        @media only screen and (min-width: 1200px) {
            .container {
                max-width: 1140px;
            }
        }
        @media only screen and (max-width: 767px) {
            .pad-x-8 {
                padding-left: 25px;
                padding-right: 25px;
            }
        }
        .btn{
            white-space: normal;
            img{
                 width: 22px;
            }
        }
        .close-request-callback-popup{
            position: absolute;
            right: 15px;
            top: 0;
            cursor: pointer;
            &:hover{
                color: @brand-secondary;
            }
        }
        .btn.btn-sm {
            font-size: 13px;
            padding: 7px 20px;
            min-height: auto;
        }
        p{
            margin-bottom: 5px;
        }
        .popup-content{
            &.popup-open{
                  animation: slide-in-elliptic-right-fwd 0.7s ease-in-out both;
            }
            &.popup-closed {
                  animation: slide-out-elliptic-right-bck 0.5s ease-in both;
            }
        }
    }

    @keyframes slide-in-elliptic-right-fwd {
      0% {
        -webkit-transform: translateX(2100px) rotateY(-30deg) scale(0);
                transform: translateX(2100px) rotateY(-30deg) scale(0);
        -webkit-transform-origin: -100% 50%;
                transform-origin: -100% 50%;
        opacity: 0;
      }
      100% {
        -webkit-transform: translateX(0) rotateY(0) scale(1);
                transform: translateX(0) rotateY(0) scale(1);
        -webkit-transform-origin: -1800px 50%;
                transform-origin: -1800px 50%;
        opacity: 1;
      }
    }

    @keyframes slide-out-elliptic-right-bck {
      0% {
        -webkit-transform: translateX(0) rotateY(0) scale(1);
                transform: translateX(0) rotateY(0) scale(1);
        -webkit-transform-origin: -1800px 50%;
                transform-origin: -1800px 50%;
        opacity: 1;
      }
      100% {
        -webkit-transform: translateX(2100px) rotateY(-30deg) scale(0);
                transform: translateX(2100px) rotateY(-30deg) scale(0);
        -webkit-transform-origin: -100% 50%;
                transform-origin: -100% 50%;
        opacity: 1;
      }
    }
    .modified-tag{
      color: #000000;
      margin-bottom:revert !important;
    }
  [/css.style]
  
	<a href="#" class="brand-secondary-bg pad-1 pad-x-5 request-callback">REQUEST A CALLBACK</a>
  <div class="request-callback-popup">
      <div class="container">
          <div class="gap-6"></div>
          <div class="row justify-content-center">
              <div class="col-md-8 popup-content popup-closed">
              	<div class="brand-white-bg pad-6">
                  <i class="close-request-callback-popup font-bold font-size-large icon-close pad-x-1"></i>
                  
                  <p class="font-bold mar-b-5 font-size-big modified-tag">Kindly Fill up the details to receive a call from our Career expert</p>
                  [if.empty module.campaign_course]
                  	[form.popup-from.enquiry_form /]
                  [/if.empty]
                  [if.not_empty module.campaign_course]
                  	[form.popup-from.campaign_enquiry_form course="{module.campaign_course}" /]
                  [/if.not_empty]
                </div>
                <div class="is-none">[aw2.get module dump="true" /]</div>
              </div>
          </div>
          <div class="gap-6"></div>
      </div>
  </div>
  <script type="spa/axn" axn="core.run_script">
    $(".request-callback").click(function(e){
        e.preventDefault();
        $(this).fadeOut();
        $(".request-callback-popup").fadeIn("fast");
        $("html").css("overflow-y","hidden");
        $(".request-callback-popup .popup-content").removeClass("popup-closed").addClass("popup-open");
    });

    $(".close-request-callback-popup").click(function(){
        $(".request-callback-popup .popup-content").removeClass("popup-open").addClass("popup-closed");
       	setTimeout(function(){
          	$(".request-callback-popup").fadeOut(200);
        		$(".request-callback").fadeIn(200);
            $("html").css("overflow-y","auto");
        },500);
        setTimeout(function(){
            $("html").css("overflow-y","auto");
        },1000);

    });
  </script>
"
                    "name" => string(4) "main"
                ]
        ]
]

Chat on WhatsApp