Protect payment credentials with advanced tokenization technology, ensuring security, compliance and innovation across all payment channels
The Acquirer Tokenization solution enables acquirers to securely manage payment data through tokenization, reducing fraud risks and ensuring compliance with regulatory standards. By replacing sensitive cardholder data with secure tokens, the solution simplifies transaction handling across all payment channels and delivers scalability and innovation to meet growing business needs
Securely manage saved card transactions to protect customer payment details and ensure data privacy
Enable acquirers to manage tokens independently, reducing reliance on external providers
Manage EMV and non-EMV token requests securely, ensuring seamless and protected transactions
Tokenize cards, UPI IDs, wallets and payment instruments to enhance security and protect data
Custom tokenization tools designed to meet specific business needs and enhance security
Deliver secure and seamless payment experiences for customers using saved cards or digital wallets
Protect subscription payments and repeat transactions with tokenized credentials
Facilitate secure payments via NFC devices, wearables, and IoT-based transactions
Support tokenized payments for international transactions with enhanced security and compliance
Secure, compliant and scalable tokenization for modern payments
Acquirer tokenization is a process where acquirers replace sensitive payment data, such as Primary Account Numbers (PANs), with unique tokens during transactions. This enhances security by ensuring that actual card details are not stored or transmitted, reducing the risk of data breaches and fraud.
Acquirer tokenization is managed by the acquiring bank or payment processor, focusing on securing transactions at the merchant level. Issuer tokenization, on the other hand, is managed by the card-issuing bank, focusing on securing cardholder data from the point of issuance.
The solution supports tokenization for a wide range of payment instruments, including credit and debit cards, UPI IDs, digital wallets and QR code-based payments. This ensures secure transactions across various payment channels.
By replacing sensitive cardholder data with tokens, acquirer tokenization minimizes the exposure of actual payment information during transactions. Even if intercepted, these tokens are meaningless without the secure token vault, thereby reducing the risk of fraud and data breaches.
Yes, the solution adheres to global and local regulatory requirements, including PCI DSS, RBI guidelines and EMVCo standards, ensuring fully compliant payment operations.
Absolutely. The solution is designed for seamless integration with both legacy and modern payment infrastructures, facilitating a smooth transition without significant operational disruptions.
Implementing tokenization has a negligible impact on transaction processing speed. The process is optimized to ensure that transactions remain swift and efficient, maintaining a seamless customer experience.
Yes, acquirer tokenization is ideal for recurring payments. By securely storing tokens instead of actual card details, it facilitates safe and efficient processing of subscription-based or repeat transactions.
By replacing sensitive card data with tokens, merchants can limit the amount of cardholder data they store and process. This reduction in handled sensitive data can decrease the scope of PCI DSS compliance requirements, potentially simplifying the compliance process.
If a token is compromised, it cannot be used to retrieve the original card information without access to the secure token vault. This ensures that even in the event of a breach, sensitive cardholder data remains protected.
Phi Commerce enables businesses to embrace the digital payment ecosystem using integrated and agile innovations, enabling smooth and flexible payments across all consumer touchpoints – browser, mobile, in-store and remote. Phi Commerce offers a unified omni-channel digital payment platform catering to both B2B and B2C payment requirements of businesses worldwide.
Nodal Office:
Phi Commerce Pvt. Ltd. Second floor, Building No. 4, Commerzone IT Park, Samrat Ashok Path, Off Airport Road, Yerwada, Pune, Maharastra – 411 006
Grievance: nodal.officer@phicommerce.com
Other Queries: connect@phicommerce.com
