Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Financial solutions company Razorpay on Friday has announced the launch of ‘TokenHQ’, a secure multi-network Card-on-File (CoF) tokenization solution, in line with the recently-issued guidelines by the RBI to secure customers’ financial data.

The company said that this will be a turnkey solution for businesses, allowing their end customers to continue experiencing the convenience of saved card transactions, now with added security and in compliance with Reserve Bank of India (RBI) guidelines.

Also Read

“India’s First Multi-Network tokenisation solution, ‘TokenHQ’, will work across all major card networks, thus enabling every business in India to tokenise customer card information,” Razorpay CTP and co-founder Shashank Kumar said in a statement.

TokenHQ will work across all major card networks, including Mastercard, RuPay, and Visa. Almost the entire base of five million businesses using Razorpay’s services will be ready to support tokenized card transactions.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Using Razorpay TokenHQ, businesses would be able to create, process, delete and modify tokens for online card payments with customers’ consent. Razorpay TokenHQ enables the company’s existing customers (on standard and custom checkouts) to support card tokenization at zero cost and effort.

Merchants with customized setups can start integrating Razorpay TokenHQ immediately via its developer-friendly APIs, Razorpay said.

Over the past few months, the RBI has introduced fresh guidelines, tightening the noose on digital payments security in India, and Razorpay has been working towards introducing solutions that help banks and businesses comply with the new regulatory requirements.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -