Indian central bank's push towards card security likely to hit merchants, lenders

Indian central bank's push towards card security likely to hit merchants, lenders

Photo by rupixen.com on Unsplash

The Reserve Bank of India‘s plans to move towards card tokenisation is likely to hit a wide range of companies from major e-commerce firms and food delivery firms to lenders, while increasing the use of cash, said industry sources and bankers.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter