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Solution for Issuers
Token Lifecycle Management
Token lifecycle management, in a digital wallet, is associated with a credit card number (PAN). A single card can have different tokens associated with it, and each token is unique and specific to a given sales channel. The management and status of each token of a given card is also independent.
Token lifecycle for Issuers
Secure and manageable digital transactions
With token lifecycle control, cardholders and merchants benefit from automatically updating the information of a new card in case of expiration, loss or theft, generating more fluidity for financial transactions.
Token Lifecycle Management
Easy management in the event of expiration or loss
Automatic card update
Card associated with multiple tokens
Solution Benefits:
Individual Token Assessment
Evaluates individual risk associated with requesting a new token.
Increased shopping convenience
Promotes a seamless customer shopping experience.
Cost reduction to comply with brand mandates
Proper management of the token lifecycle ensures its integrity.
