NPCI launches card tokenization platform ‘NTS’

The National Payments Corporation of India (NPCI) has launched the NPCI Tokenization system (NTS) to further enhance the safety of customers and provide a seamless shopping experience to consumers.

The NPCI Tokenization System (NTS) will support the tokenisation of RuPay cards to further enhance the safety of customers and provide a seamless shopping experience to consumers, NPCI stated in a press release issued on October 20, 2021.

NPCI’s Token Reference On File(TROF) service will help RuPay cardholders, to maintain the security of their financial data. With NTS, acquiring Banks, Aggregators, Merchants & others can get themselves certified with NPCI & can play the role of Token Requestor to help save the Token reference number (Token Reference On File) against all card numbers saved.