June will be a remarkable month for debit and credit card holders as the Reserve Bank of India (RBI) has legislated the introduction of tokenization of card transactions, with a deadline of June 30, 2022. Tokenization concerns replacing existing card details. with a unique code called a token, and the implementation of a tokenization request is done through an additional authentication factor (AFA) by the cardholder. This RBI decision will secure your credit card credentials. If you opt into the tokenization system until the end of June and fail to do the necessary, you will have to manually enter your card details each time you make digital transactions from July onwards. .