New e-payment norms likely to block auto-subscriber route: Experts

Avoid exposing your data; use a virtual card instead

Bindisha Sarang | Mumbai
Last Updated at March 9, 2021 06:10 IST

credit card, debit, payments, online, digital, transactions, privacy, card details

The issue herein is that complying with these standards is costly, so many players may not be able to do so

When doing an online transaction, we are often asked if we would like to store our card data with the seller. The purpose is to avoid the hassle of entering our card details each time, thus making shopping faster and more convenient. But beginning July this year, things won’t be as simple.

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