Mastercard and Invest India announced the launch of an enhanced Priceless.com program in India. Mastercard said the program aims to 'redefine' experiential travel in India and has been launched with the support and guidance of the Ministry of Tourism.
Banking & Finance
Payments giant Mastercard on Thursday (August 3) announced the introduction of Cardholder Verification Value (CVV)-less online transactions for its debit and credit cardholders who have tokenised their cards on merchant platforms. With this feature, Mastercard aims to reduce the checkout time and make virtual transactions hassle-free and more secure.CVV is the three-digit number printed on the back of debit and credit cards. According to the Reserve Bank of India’s (RBI’s) tokenisation guidelines, merchants who adopt tokenised payments will collect CVV only once, which is while tokenising the card.
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