SBI Card joins hand with Paytm for card tokenisation

SBI Cards and Payment Services have partnered with Paytm for card tokenisation to protect the data of cardholders. SBI Card will enable cardholders to tokenise their cards on devices and make payments through Paytm

Tokenisation refers to masking the original card number by replacing it with a set of unique characters known as token. Token secures the customer’s card details when a transaction is under process.