Network Tokenization for merchants and PSPs: Benefits and Opportunities
Tokenization has been around for a while. PSPs have implemented proprietary solutions to replace PANs with PSP tokens to increase security. For mobile wallets the networks have introduced MDES, VTS and AETS to support contactless payments with smartphones using tokens. Now the benefits of tokenization is coming to e-commerce payments: Merchants can benefit from network tokenization by reaching higher acceptance rates, a better conversion and further advantages in a seamless user experience.
This webinar help PSPs, acquirers and merchants to understand what are the benefits and opportunities of network tokenization. Issuers learn the slight differences to tokenization for wallets.
Speaker
Kurt Schmid
Marketing & Innovation Director Secure Digital Payments at Netcetera
