Tokenization — Future of Card Payments in India

Transaction using Tokens

Types of E-comm Tokenization

Device Side Tokenisation

Server-side or Card on File Tokenization (CoFT)

The New RBI PA/PG Guidelines

How does the solution work?

Impact on Merchants

Impact on Customers

First Transaction (Converting the Card to a Token)

Token Generation UX

Repeat Transaction (Token-based transaction)

Tokenized Card UX

Juspay’s role in the Tokenization ecosystem


  1. Who is a Token Requestor?



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Juspay is India’s leading Payments Operating system powering 11Mn payment transactions each day. Key products include Hyper SDK, Express Checkout and UPI stack