Debit card and credit card online payment rule change by RBI applicable from 1 July.

Do you use a debit card or credit card? So know about RBI's new rule about debit cards and credit cards.

In today's time where the cashless trend is going on, we like to take cards instead of cash in the market. So there is no risk of theft. But do you know where you buy the items by swiping the card, and how safe it is? If not, then let us tell you that when you swipe the card to make payment through your card after eating food from a restaurant or buying products from malls, then the shopkeeper keeps the information of your card with him while swiping. . And later sells your information to the hacker.

But this is not going to happen from now on. RBI has implemented a new rule from July 1, with the help of which now wherever you swipe the card, a request will be asked to make a token of your card, it depends on you. These token numbers can be saved by the merchant company. So that there is no loss on your card. This token is a proxy of your card through which the transaction is possible. If you use the token, then you do not have to give your card details again and again.