Online Payment System Will Change From 1st January 2022. Know About New System!

From January 1, the method of online payment will change in the country. For this, the Reserve Bank of India (RBI) has issued a guideline. Following the guidelines of RBI, Google has also announced changes in online payment methods from January 1.

Google will not save card information

According to the information, Google will not save the card details of customers such as card number and expiry date etc. from January 1, 2022. In such a situation, while making manual online payment from January 1, you will have to write or note down your debit-credit card number, expiry date and other information somewhere. If you do not keep this information in note, then you will not be able to make manual online payment from Google.

RBI issued guidelines

Let us tell you that till now Google saves the card details of its users. When any customer used to pay, he has to enter only his CVV number. In this process, the confidential information of the user is saved with Google, which was considered dangerous in terms of data security. Therefore, by issuing a guideline, RBI has instructed not to save the sensitive information of the card in advance.

These card holders will be affected

According to the report, if you use a card from Discover, Diners, RuPay or American Express, then from January 1, 2022, you will have to enter your card information every time for manual online payment. If you use Visa or Mastercard, you will need to authorize the card information to be saved in the new format.

Google’s service will be affected

According to the report, the new guidelines of RBI will affect all payment services like Google Play Store, YouTube and Google Ads. Under the new format, you will have to enter your card information every time for all online manual payments from 1 January 2022.

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