The Reserve Bank of India (RBI) is proposing mandating ... Card issuers in India are required to register their bank identification numbers (BINs) with card networks for AFA validation.

The RBI also directed credit card issuers not to enter into any agreement ... multiple channels such as helpline, dedicated email-id, interactive voice response (IVR), internet banking and mobile ...

The Reserve Bank of India on Thursday said that ... comply with its payment and customer identification rules. The central bank mentioned that only one card network offers this service currently ...

He can save it with the customer’s phone and email id in case the transaction faces some technical issues. Also read: PayU tokenises 50 million cards ahead of RBI’s Sept 30 deadline Updates ...