HST’s Issuer Token Service Provider (I-TSP), is a link to integrate card issuers and network brands. The solution allows card issuers to approve requests for card tokenization from token requestors such as digital wallets and merchants. I-TSP promotes another functionality to issuers that enables token lifecycle management.
Token Service Provider for Issuers
Connects Visa VTS, Mastercard MDES, AMEX and Private Label Vaults to the Issuers
With the Issuer Token Service Provider (I-TSP), issuers are able to approve card tokenization requests and securely manage payment tokens to reduce fraud.
Push Provisioning and VCEH to other wallets and wearables
ID&V - Identification and verification
Web interface for operational management
Data analysis dashboard for issuer decision making
Token Lifecycle Management
Management for Issuers
The solution provides issuers with complete control over the tokens associated with cards. Anticipate issues and respond swiftly to fraud situations or account closures by suspending or eliminating tokens, ensuring transactions are always secure. With I-TSP, in case of card replacement, issuers can update tokens associated with the old PAN to the new PAN, facilitating recurring charges like streaming services.