RBI has extended the scope of tokenization to consumer devices like laptops desktops wearables IoT d...........

Current GK ( Master) Financial System

RBI has extended the scope of tokenization to consumer devices like laptops, desktops, wearables, IoT devices, etc. The ultimate responsibility for the card tokenization services is rendered with _____________.

Clearing Corporation of India Ltd.

NPCI

RBI

Authorized card payment networks

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Explanation:

RBI has extended the scope of tokenization to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc. The ultimate responsibility for the card tokenization services rendered rests with the authorized card networks.

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