Tokenisation News
Tokenisation is the process designed to improve security and reduce fraud. The token system replaces sensitive payment information, such as credit card number, expiration date, or service code, with unique tokens having no meaning.
The new debit and credit card rules will take effect on January 1, 2022.
Banks have begun to alert their consumers about the situation.
Tokenisation is the process of replacing an actual card number with a different code that will be converted into a token.
Tokenisation involves a process in which a unique token masks sensitive card details.
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