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Google has extended card tokenization by bringing in more banks for card on the Google Pay app. What is card tokenization? Card tokenization is a feature which lets users make debit or credit card payments through a secure digital token which is attached to their phone. It does not require to physically share credit or ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs
Google has launched new online security campaign #SecurityCheckKiya in India to promote security awareness among general public. The purpose of the campaign is to protect young and first-time web users from account hijacking, safeguard Android devices from malicious apps and secure all their personal data if they lose their device. Under the campaign, Google recommended ..
The RBI asserted that it will not permit mobile network operators to offer cash-out or mobile wallet service. Why RBI has asserted this? As per RBI, mobile wallet is basically an e-money product and therefore permitting mobile network operators provide this facility may bypass banking regulations. However, RBI allows transactions if mobile network operators operate ..