MANU/RMIC/0121/2021

Ministry : Reserve Bank of India

Department/Board : RBI

Circular No. : CO.DPSS.POLC.No.S-516/02-14-003/2021-2022
                   RBI/2021-2022/96

Date : 07.09.2021

Notification/ Circulars Referred : Circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 8, 2019 MANU/RMIC/0003/2019;Circular CO.DPSS.POLC.No.S-469/02-14-003/2021-22 dated August 25, 2021 MANU/RMIC/0114/2021;Circulars DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 MANU/RMIC/0038/2020;CO.DPSS.POLC.No.S33/02-14-008/2020-2021 dated March 31, 2021 MANU/RMIC/0036/2021

Citing Reference:
Circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 8, 2019 MANU/RMIC/0003/2019  Referred

Circular CO.DPSS.POLC.No.S-469/02-14-003/2021-22 dated August 25, 2021 MANU/RMIC/0114/2021  Referred

Circulars DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 MANU/RMIC/0038/2020  Referred

CO.DPSS.POLC.No.S33/02-14-008/2020-2021 dated March 31, 2021 MANU/RMIC/0036/2021  Referred

All Payment System Providers and Payment System Participants

Madam / Dear Sir,

Permitting Card-on-File Tokenisation (CoFT) services in Tokenisation - Card transactions

We invite reference to our circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated January 8, 2019 on "Tokenisation - Card transactions", permitting authorised card networks to offer card tokenisation services subject to the conditions listed therein. Initially limited to mobile phones and tablets, this facility was subsequently extended to laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc., vide our circular CO.DPSS.POLC.No.S-469/02-14-003/2021-22 dated August 25, 2021 on "Tokenisation - Card Transactions : Extending the Scope of Permitted Devices".

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