RBI's tokenization initiative has significantly reduced fraud and improved transaction success rates since 2022. Now, Visa is introducing its Payment Passkey, a biometric and cryptographic authentication alternative to OTPs, which has shown nearly 50% lower fraud rates. This move, supported by RBI's flexible framework, positions India as a global leader in secure and innovative digital payments.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wvQLb5g
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