Tag: Token

Google Pay ties up with Visa to enable digital token transactions, NFC payments

Users can use their debit or credit card to make payments through a secure digital token attached to their phone.

New Delhi: Google Pay on Monday announced the rollout of tokenisation across its platform that will enable users to safely transact with their debit or credit cards. Through tokenisation, Google Pay Android users can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details.

The feature will also facilitate use of tap-to-pay feature on near-field communications (NFC)-enabled point of sale (PoS) terminals and online merchants, a statement said.

 

“Working in close partnership with Visa and banking partners, this feature is now available to all users of Axis and SBI Card, with Kotak and more banks expected to follow suit very soon,” it added.

The feature also works with online merchants, delivering

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No need to share Visa card details, Google Pay introduces digital token transactions

New Delhi: Google Pay on Monday announced the rollout of tokenisation across its platform that will enable users to safely transact with their debit or credit cards. Through tokenisation, Google Pay Android users can use their debit or credit card to make payments through a secure digital token attached to their phone without having to physically share their credit or debit card details.

The feature will also facilitate use of tap-to-pay feature on near-field communications (NFC)-enabled point of sale (PoS) terminals and online merchants, a statement said.

 

“Working in close partnership with Visa and banking partners, this feature is now available to all users of Axis and SBI Card, with Kotak and more banks expected to follow suit very soon,” it added.

The feature also works with online merchants, delivering more native and seamless OTP experiences without any redirects to 3D secure sites, the statement said.

To enable the tap

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Comviva receives Issuer Token Service Provider (I-TSP) certification from Visa

Certified for HCE and Tokenization based contactless mobile payment solution

NEW DELHI, Sept. 9, 2020 /PRNewswire/ — Comviva, a global leader in digital financial solution, today announced that it has been certified by Visa as an Issuer Token Service Provider (I-TSP). Comviva was earlier certified as a Token Requestor Token Service Provider (TR-TSP) by Visa in June 2017. The Visa I-TSP and TR-TSP certifications are for Comviva’s mobqiuity® platform that leverages Host Card Emulation (HCE) technology and Tokenisation to deliver swift, secure, frictionless and convenient contactless mobile payment to customers. HCE enables the customer to have a digital version of the credit or debit card in their mobile phone, and tap the mobile phone at payWave/payPass certified POS machines to make the payment. Tokenisation masks card details to ensure that payments are executed in a secure manner.

Digital card payments like eCommerce payments, mobile tap and pay at

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