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CCAvenue Introduces RBI Compliant 'TokenPay'
Published by SmallNews | 02nd November, 2021
Infibeam Avenues (IAL), a leading fintech company has announced that CCAvenue, its digital payments platform, has introduced 'TokenPay', to help merchants to comply with Reserve Bank of India's (RBI) data security norms. 'TokenPay' is a secure multi-network tokenisation solution, which works across all major card networks, including MasterCard, RuPay, and Visa. CCAvenue's 'TokenPay' solution for businesses will help merchants enable their end-customer to continue experiencing the saved card transactions with enhanced security and allow merchants to remain RBI guideline compliant with its online data storage norms, the company said in a statement.