Tokenization - Everything You Need to Know
Tokens are used in a number of environments to replace and protect the underlying value of credentials. Tokenization is already a de facto requirement for a number of card payment environments: card-on-file, mobile NFC payments and in e-commerce/m-commerce. The critical question for most issuers is not 'if' to tokenize but 'where' to tokenize.
This whitepaper Tokenization - Everything You Need to Know informs the reader on the subject of tokenization:
- What is tokenization?
- How can it be implemented?
- Why is this payment solution getting so much industry attention?
- Who should be a token service provider?
- What are token vaults and token domains?