Visa Monday announced that it has integrated token technology into Visa Checkout, the company’s online check out. 

The move comes a week after MasterCard tokenized its online check out service, MasterPass. 

Additionally, Visa is working with merchants to apply token technology to "cards-on-file." These are customer card account numbers that merchants store in their systems to facilitate repeat payments such as monthly subscriptions or billing services, according to a press release.

"Our goal is always to make payments fast, easy and secure," said Sam Shrauger, Visa's senior vice president of digital solutions. "This has been a transformative year for payment security with new technologies that bring added protection to consumer accounts while shopping in-store and in-app, and now online, too."