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