India, Feb. 20 -- Digital payments giant PhonePe announced the launch of a tokenization feature for credit and debit cards on Monday, February 17, 2025.

Card tokenisation is when a card's 16-digit number is replaced with a unique code called a token. This token can then be used to make online payments, without having to enter all the details like normally required.

PhonePe users can now tokenise their cards on the PhonePe App, and then use the card tokens seamlessly for a variety of purposes such as bill payments, recharges, booking travel tickets, making insurance purchases, making payments on pin code, as well as at online merchants where the PhonePe payment gateway services are integrated.

As a result, users no longer have to save t...