What is Payment Tokenization?

Tokenization is basically a substitution technique. Substitution is practiced to isolate data or information in an ecosystem. Payment world adopted tokenization to secure sensitive data like Primary Account Number (PAN) aka card number. It simply takes a PAN and substitute it with a 'token PAN' which is seemingly nonessential 16-digit…

Aadhar Pay

Aadhar Pay is an Aadhar Enabled Payment System (AEPS) by UIDAI and NPCI. It eliminates the need of a debit card Or mobile wallet like paytm, mobikwik etc Or even a smartphone to make payments. One just need to have their bank account linked with aadhar number and fingers to…