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 are coming to e-commerce payments. By watching this webinar you will be able to answer the following questions:
How network tokenization and SRC can help increase conversion, convenience and security?
What are tokenization principles?
What are the relevant use cases after requesting a token?
In brief, network tokenization increases the e-commerce conversion as well as supports a better process and better UX.
Marketing & Innovation Director Secure Digital Payments at Netcetera