Network tokenization is establishing itself as a new standard in the payment ecosystem. Much more than a simple security tool, it is transforming the way card data is stored, updated and used, resulting in smoother customer journeys, improved authorization rates and a significant reduction in fraud.
Already widely deployed by Visa and Mastercard, and soon by the CB Economic Interest Group, it is becoming essential in the face of new regulatory obligations and network requirements. This paper looks at how it works, its benefits, its impact… and the strategic choices you need to make today.
Contributors
Arnaud CROUZET, Vice President – Strategy & Business Consulting @ Fime/Consult Hyperion
Pierre Crégo, Director @ Mercury Technologies