Paytm Says Will Purge 28 Million Tokenised Visa, Mastercard, Rupay Cards by June 30
Digital financial services firm One97 Communication Limited, which owns the Paytm brand, has tokenised 28 million cards across Visa, Mastercard and RuPay, and expects to purge saved card data by June 30, the company said on Thursday. The tokenised cards account for 80 percent of monthly active cards on the Paytm app, it added."Paytm is committed to safe and secure online payments, and in that direction, RBI's tokenisation effort is a key milestone for the industry. We recognised the need for tokenised cards and…