{"id":59405,"date":"2022-07-30T16:31:40","date_gmt":"2022-07-30T11:01:40","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=59405"},"modified":"2022-07-30T16:31:42","modified_gmt":"2022-07-30T11:01:42","slug":"rbi-notification-for-storage-of-actual-card-data","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notification-for-storage-of-actual-card-data\/","title":{"rendered":"RBI Notification for Storage of Actual Card Data"},"content":{"rendered":"<p>The Reserve Bank of India (RBI) issued a notification regarding the Restriction on Storage of Actual Card Data which is also referred to as Card-on-File (CoF), on 28th July 2022. In accordance with the previously issued notifications by the RBI, this particular notification specifies that for card transactions or payment chains, no entity apart from card issuers or card networks is permitted to store CoF Data to be deemed effective from 1st October 2022.<\/p>\n\n\n\n<p>In accordance with the issues involved upon detailed discussions with all<br>stakeholders, along with considering the fact that a lot of time has elapsed<br>since the issuance of the requirements notified, it is notified the RBI that &ndash;<\/p>\n\n\n\n<ul><li>The effective date of implementation of requirements for all entities, excluding card issuers and card networks, is not to be altered, and the CoF Data is mandated to be purged prior to 1st October 2022.<\/li><\/ul>\n\n\n\n<ul><li>For the purpose of relaxing the transaction process to an alternate system in regard to transactions where the Chard Holders enter the details of the card manually when undertaking a transaction which is also commonly referred to as Guest checkout Transactions, the provided criteria are permitted as an interim measure &ndash;<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) issued a notification regarding the Restriction on Storage of Actual Card Data which is also referred to as Card-on-File (CoF), on 28th July 2022. In accordance with the previously issued notifications by the RBI, this particular notification specifies that for card transactions or payment chains, no entity apart from [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":59408,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Notification for Storage of Actual Card Data - Enterslice<\/title>\n<meta name=\"description\" content=\"RBI issued a notification regarding the Restriction on Storage of Actual Card Data which is also referred to as Card-on-File (CoF).\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notification-for-storage-of-actual-card-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Notification for Storage of Actual Card Data - Enterslice\" \/>\n<meta property=\"og:description\" content=\"RBI issued a notification regarding the Restriction on Storage of Actual Card Data which is also referred to as Card-on-File (CoF).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notification-for-storage-of-actual-card-data\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-30T11:01:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/07\/RBI-Notification-for-Storage-of-Actual-Card-Data-SUSHEE-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59405"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=59405"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59405\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/59408"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=59405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}