Cryptocurrency Q&A What is payment token service?

What is payment token service?

CryptoTitan CryptoTitan Mon Nov 18 2024 | 7 answers 1592
I'm curious about the payment token service. Could someone explain what it is and how it works in the context of digital payments? What is payment token service?

7 answers

Leonardo Leonardo Wed Nov 20 2024
Payment tokenization serves as a method to enhance transaction security.

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Silvia Silvia Wed Nov 20 2024
It involves substituting sensitive information during a transaction.

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Elena Elena Tue Nov 19 2024
Specifically, it replaces crucial details like the cardholder's primary account number.

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Daniele Daniele Tue Nov 19 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.

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Thunderbolt Thunderbolt Tue Nov 19 2024
This sensitive data is replaced with non-sensitive alternatives known as 'tokens'.

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