Payment tokenisation
For card payments, a token can replace the card number. Permitted uses depend on the particular token system.
What is payment tokenisation?
Payment tokenisation replaces a card number with another value, the token, in card payments. Systems designed for it use that value instead of the original number. EMV payment tokens can be restricted to particular merchants, devices or payment scenarios. Provider-specific token systems can work differently; a token is not automatically usable with every payment service. The connection to the underlying card is managed within the relevant token system.
A fictional pen-holder shop plans a solution in which the payment provider collects card data. The shop links the order to the supplied token rather than the full card number. The planned test is to check that raw card data also stays out of order notes and logs. Planning for a later provider change includes establishing whether the stored tokens can be transferred and through which process.
Sources
Related terms
- Payment service providerA PSP supports businesses with electronic payments. Payment methods, processing and additional services depend on the offering.
- PCI DSSPCI DSS sets technical and operational requirements for protecting payment card data. The particular assessment environment determines the scope.
- Payment gatewayA payment gateway transmits payment data between a shop and payment processing, returning the responses to the shop.
- Delivery capabilityDelivery capability describes whether a specific request can be fulfilled. A stock value alone does not fully answer questions of quantity, destination and time.
- Order historyOrder history shows previous orders within an agreed account scope. Old prices, current availability and current processing remain separate information.
- Dealer portalA dealer portal gives affiliated dealers digital access to agreed information and workflows. Its scope and company assignment need to be clear.
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E-Commerce with ASES
Online shops, marketplaces and B2B portals