RBI has decided to extend the scope of tokenisation of permitted devices to include consumer devices – Laptops, Desktops, Wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc. so as to make card transactions more safe, secure and convenient for the users. Earlier this facility was available only for mobile phones and tablets of interested cardholders.
(Circular RBI/2021-22/92 dtd. August 25, 2021)
