Guest Checkout(GC) is a transaction flow where customers provide their complete card details, including the card number, expiration date, and CVV code, during the checkout process. As per the latest RBI guidelines Merchants, Payment Gateways(PGs) and Payment Aggregators(PAs) are not allowed to store Card on File Data for Guest Checkout Transactions.
In order to comply with the RBI guidelines the networks have come out with a solution where GC transactions can be performed with GC Token (aka Alt ID) instead of the actual Card Number(aka Card PAN). The GC Token is similar to a Card on File Token in construct however it does not require any user consent for generation with the card network. Paytm has partnered with all major card networks to provide a comprehensive and single-integrated solution to our merchants. Kindly note GC checkout compliance is applicable for all merchants that collect card payments from their customers on their app or website.