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Tokenization
Tokenization
Why should I validate the saved cards?
As per RBI guidelines, post 30th June 2022 - Aggregators or Merchants cannot save customers card details until customer provides the consent for the same. Validating your card is a consent through which security on your card will be enhanced and you can continue using saved card...
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.
How many cards can a user validate?
There is no limit on saved cards - User can save and validate as many cards they want.
What will happen if I do not validate my saved cards?
If the card is not validated, you won’t be able to continue using a particular saved card with Freecharge. You will need to go through hassle of re-entering your complete card details when doing transaction on Freecharge.
What are the charges for availing this service?
No charges - There are no charges to tokenize your card.
