Tokenisation – Introduction

Tokenisation is a hot topic as it makes card processing cheaper and more secure. The goal is to replace your card number with a random number that is hard to use for unauthorised transactions – and it removes the need to encrypt databases.

What we are primarily looking at now are mobile payments but we are designing solutions for e-commerce as well. Payment processing involves re-encryption of PINs (PIN-blocks) for card-present transactions.

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