BUSINESS

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BUSINESS

RuPay launches CVV-less card payments

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CVV-less payments

RuPay, India's domestic card network has introduced CVV-less payments, allowing cardholders to make payments without the need to enter their CVV.

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Eligibility

RuPay offers CVV-less payment to cardholders who have tokenized their cards, ensuring secure transactions without sharing real card details with merchants.

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Tokenization

Tokenization replaces actual card details with a unique digital code. Cardholders authenticate transactions with card details and OTP to tokenize the card.

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How-to

RuPay customers can use CVV-less transactions after tokenizing their card. They only have to enter the OTP to complete transactions.

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Partnership

NPCI has launched a CVV-less payment experience in partnership with RazorPay for select merchants, aiming to expand the feature to other aggregators and gateways.