Network tokenization enhances security by protecting the payment data. The sensitive payment card data is replaced with unique, merchant specific token. By using tokens, the actual card data is not transmitted or stored, significantly reducing the risk of data breaches and unauthorized access to sensitive information.

Thanks to lifecycle management events, customers are always well informed about the status of their payment credentials (expiring soon or renewed), resulting in a seamless payment experience.

Token initiated transactions lead to better risk rating by Issuers, resulting in higher approval rates

Acquirers processing tokenized CoF Authorization will enjoy pricing benefits, contrary to the additional fee for PAN-approved purchase transactions that the major schemes will start applying.