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What Is Card On File Tokenisation In SBI Card

Mastercard Digital Enablement Service (MDES). The latest move enables SBI Card Mastercard cardholders to make payments of upto INR 2,000 with merely a tap on their mobile

Q1. What is Tokenisation?

Ans. Tokenization is the process of replacing a card’s 16-digit number on the plastic card with a unique alternate card number, or ‘Token’ which shall be unique for a combination of card, token requestor and device. Tokens can be used for online transactions, mobile point-of-sale transactions or in-app
transactions. This token contains no personal information that can be directly accessed and keeps changing making it the most secure method to complete payments.

Q2. What is the RBI’s new tokenisation guideline?

Ans. RBI has directed the payment aggregators, wallets and online merchants (entities in card transaction/payment chain other than card issuers/card networks) not to store any sensitive card related customer information including full card details. Hence, the card numbers can be replaced with ‘token’ as mentioned above. This RBI mandate would come into effect from 1st July 2022. Please be assured that this will not hamper your credit card experience but will make your credit card transactions more secure.

Q3. What happens to my saved cards from 1st July 2022?

Ans. As the card details will not be saved from 1st July 2022 you will need to tokenize your card on the corresponding Merchant website or app. You can then continue to make payments without entering your card details again on that Merchant if you have generated a token. If you do not tokenize your
card, then you would have to manually enter your full card details for making transactions.

Q4. How would tokens be used by online Merchants?

Ans. This token will be used instead of your card details for all the online payments you make on the merchants.

Q5. What is the benefit of tokenisation?

Ans. A tokenized card transaction is considered safer as the actual card details are not shared / stored with the merchants to perform the transaction.

Q6. How do I tokenize my card with online Merchant?

Ans. You should follow the instructions specified by the online Merchant and follow the registration and verification flow in order to register for tokenisation and store the token with the online Merchant. Generally, the process would entail filing your card details, followed by verification via OTP and then a token will be generated associated with your card. This token will be saved by the online Merchant.

Q7. What happens if I do not tokenize my card?

Ans. If you do not choose to tokenize your card then you will have to enter all your card details including card number, expiry and CVV for every payment you make.

Q8. Can my token on one merchant be used for another?

Ans. No, token registered on one merchant cannot be used on another merchant. Each merchant will have a unique token associated with every card saved on that Merchant. This token cannot be used for any other card that you might have or on any other merchant. Essentially, your card will have multiple
tokens based on the number of Merchant you would have tokenized your card with.

Q9. How can I delete token generated by me?

Ans. You can delete token by directly going to the merchant’s website/app and deleting the card associated with the token from your payment preferences. Alternatively, you can also call SBI Card’s helpline to request for deletion.

Q10. Is there any limit on the number of cards that a I can request for tokenisation?

Ans. You can request for tokenisation of any number of cards to perform a transaction.

Q11. Can I select which card to be used in case I have more than one card tokenized?

Ans. For performing any transaction, you will be free to use any of the cards registered with the token requestor / merchant.

Q12. Once tokenized, how will the I get to see the card details on the merchant page?

Ans. You will be able to see the last 4 digits of the card on the merchant page.

Q13. What will happen to the token once my card (including Add-On card) gets replaced or renewed or reissued or upgraded?

Ans. You will have to visit the merchant page and create a fresh token by following the instructions available on the merchants’ page.

Q14. Will the Add-On card holder also needs to tokenise his/her card, incase the primary card holder has already tokenised his/her primary card?

Ans. Yes, Add-On card holder will need to tokenise his/her card separately following the same process as the primary card holder.

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