On Jun. 7, IND NPC called for cooperation, prompt action re migration.
IND NPC said RuPay as well as National Financial Switch (NFS) ATM Network are implementing a migration of PIN encryption from variant to key block method in alignment with Payment card industry data security standard (PCI-DSS) guidelines.
Migration Details
Aims to enhance the security framework of card-based transactions on these networks.
Members must undergo certification with IND NPC for RuPay, NFS transactions enablement of key blocks; issuer certification can be done together/separately.
Acquirer certification must be done separately; certification of issuer, acquirer hosts to be completed by Dec. 31, 2024; key block function must be enabled by Jun. 30, 2025.
Transition is crucial for maintaining integrity, security on RuPay and NFS network.
Effectiveness
Dec. 31, 2024 is the deadline for certification of issuer and acquirer hosts.
Jun. 30, 2025 is the deadline for enabling key block function.
In Jun. 2024, IND NPC wrote about blocking certain card transactions, see #217041.
