Questions and Answers
Which of the following is NOT a benefit of tokenization in the context of online transactions?
Enables merchants to store customers' complete card details securely
Which of the following statements about tokenization is true?
Each token is unique to a specific card and merchant combination
How does tokenization contribute to financial inclusion in India?
It provides a secure and convenient way for customers to make online transactions
Which of the following statements best describes the impact of fintech on the Indian financial services sector?
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How can tokenization contribute to cost reduction for financial service providers?
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Which of the following statements about tokenization is FALSE?
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How can tokenization enhance the speed and efficiency of online transactions?
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Which aspect of tokenization contributes to personalized customer service in the financial services sector?
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Which of the following statements about tokenization and fintech in India is TRUE?
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How can tokenization contribute to the enhancement of personalized customer service in the financial services sector?
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