Yes, Tokenization is introduced and recommended by RBI in order to enhance security on customers card.
Related Question
Why should I validate the saved cards?
Is it safe to validate the saved cards?
What will happen if I do not validate my saved cards?
My money got deducted while validating the card. What should I do?
How do I complete the process of Tokenization?
I am not ok to give consent to save my card details
I am unable to see my saved card details in my app
What are the charges for availing this service?
Is it mandatory for all the users to Tokenize?
Are the saved card details safe after availing this?
Yes, Tokenization is introduced and recommended by RBI in order to enhance security on customers card.