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 will help PSPs, acquirers and merchants to understand what are the benefits and opportunities of network tokenization. Issuers will learn the slight differences to tokenization for wallets.
Responsible for Payment Strategy and Innovation at Netcetera