Mumbai, July 2 -- India has become the world's most tokenised market for online card payments, with more than 900 million payment tokens in circulation, stated Suresh Sethi, Group Country Manager for India and South Asia at Visa.

Speaking at the launch of Visa Payment Passkey in Mumbai on Thursday, Suresh Sethi said the country's digital payments ecosystem has evolved significantly and is now entering a new phase focused on trust and security.

He stated, "Today, India is the world's most tokenised market for online card payments with more than 900 million payment tokens and almost 500 million Visa tokens as part of that".

He said widespread mobile connectivity has brought hundreds of millions of Indians into the digital economy, with t...