In a circular issued, the Reserve Bank of India (RBI), instructed all…
2021
In a circular issued, the Reserve Bank of India (RBI), instructed all parties—aside from card networks and card issuers—to delete all previously stored Card-on-File (CoF) data by-
Answer: B. October 1, 2022 — RBI's card-on-file tokenisation timeline required entities other than card networks and card issuers to purge stored CoF data by October 1, 2022.
- A.
September 1, 2022
- B.
October 1, 2022
- C.
September 31, 2022
- D.
October 31, 2022
- E.
November 1, 2022
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Correct answer: B
RBI's card-on-file tokenisation timeline required entities other than card networks and card issuers to purge stored CoF data by October 1, 2022.
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