Benefits of Tokenization
A swift checkout experience
Reduce cart abandon rate
Card details stored in a secured vault using tokenization technology
Increase in members card base & customer loyalty
Embark on the online and mobile purchase trend
A swift checkout experience
Reduce cart abandon rate
Card details stored in a secured vault using tokenization technology
Increase in members card base & customer loyalty
Embark on the online and mobile purchase trend
How Tokenization Work
First time buyer needs to enter full credit card information.
Once the card is charged, card credential will be tokenized and stored in a secure vault.
When buyer returns and makes another purchase, the token stored will be used to retrieve the card credentials and send to processing bank.
CVV & OTP will be required in order authorize payment.
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